What index are your heloc's based on ... ?

I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

Paid 12800.based on google mapsThe property is a mess.

You can probably make decent returns in Akron based on gross income and purchase price.

Do you have a preferred type of property and price range you're looking for in general (knowing the costs can be different based on they market)?

Or just wait until a year passes and he can rent it out  Following - I'm based in California in The Bay. 

@David Naphy With a strong credit score you can do better than 8% on a DSCR based cash out refi today. 

Those numbers are arbitrary unlike taxes and insurance and they vary based on age, condition, area, landscape, PM, and other things.

The home was built in 2006, great neighborhood, close to the highways, close to everything new that is being built, close to a military base.

It's sad to see so many of these threads after looking through BP today, but it was totally expected based on the insanely low rates a couple of years ago and realizing how commercial lending works.It's a bummer, but there's no such thing as passive investing and there's no alternative to digging into a situation and understanding it for yourself.