That sounds like a great combination for flipping!

Hello BP, i read somewhere that you can enjoy low interest costs and flexibility by combining both term loans and overdraft.

If you combine that with the fact that you can probably get the properties cheaper anyway (due to less investor competition and more motivated seller) then, it balances each other out. 

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If I did the math right your combined debt to equity ratio is about 97% on the two properties.

Love the paid-off asset side of the story combined with a creative purchase, a hurdle (go and talk to the resident personally) and a 5,000th post  milestone!  

On one hand I know that clean and modern design is in these days, especially among the young and affluent.

We own over 170 parks and our best park came from a broker (bought it for around $9.5 million and sold it less than three years later for around $19 million), our average park comes from a combination of brokers, on-line listings, cold calls and direct mail, and our worst park deal came from an REO foreclosure sale.

Hi All, I have owned my owner occupied 3 family property for around 2 years now, put in a bunch of work on it and am looking to get a home equity line of credit on it while rates are still low and property values are high so that I can use it for a combination of future repairs and possibly to go toward a down payment on my next investment.  

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