(IRS) and Canada (CRA) on your flip in Baltimore, but you can avoid this by using the Canada-U.S.

Places that used to be on the market for days are now sitting vacant for around 30 days. 

@Joyce KimHELOC and home equity loan are not the sameEquity line of credit is a line of credit that let’s you withdraw up to specific amount and you can take less and pay interest on what you drawFor example if you had a $50k line of credit you may choose to use $20k of it and it is usually ten years where you can pay it off and draw moreA home equity loan is a second mortgage which is a fixed amount and paid off over a period of timeHELOC is better in my opinion but if you have no income it will be difficult to get approved even with the equity you haveCommon misconception people have is if you have equity you can just take it, that’s not the case the bank also wants to make sure you have the ability to repay it.

If a tenant moves in on October 15th, they pay the security deposit and a FULL months rent.

The house has been on the market for 48 days with a low amount of showings. 

@Clint Miller, this is very dependent on each situation.  

100% on both your points above.

I'm in my gaining knowledge and setting up my foundation phase and currently focusing my efforts on wholesaling with a goal of moving to flips.Excited to learn and connect with you all!

You’ve already hit the nail on the head—patience, organization, and a solid team are all crucial.I invest in Michigan and visit 3-4 times per year, primarily focusing on Detroit.

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it.