When I requested she run the numbers at 75% LTV, she then told me that there was a cap on the amount I could get (amounts to under 75%), and I would also have to pay points for that loan (75% LTV scenarios were at 0 points).

It opened the door to a world of possibility for me. 

Hi, I’m a newer investor with doors across a couple Midwest cities.

Purchase price: $365K; Rents: 1600 * 2 (3200); With 25% down - PITI would run about ~$2200; Property Management (8%) + Vacancy (5%) + Capex & Maintenance (8%) - I would cash-flow about ~200/month.2/2 duplex - new construction in West Tulsa neighborhood.

This could make you run into issues for getting conventional financing and HELOCs.

Plus the fact that you know zero about running a construction project.

@Mike BossIn California I believe it’s $800 a year and rack on what your cpa will charge you and you are gonna run a $2k bill to do a LLCIf you are fixing and flipping lenders may require you to have a LLC.

I have a quote from Window World for roughly $10,000 includes same size window replacement and sliding glass door as well.

Should I go door 2 door?

In a building with 5 apartments, where the average monthly water, sewer, and trash (W/S/T) costs run $75 a month which is about our average, that would equal $375 each month and $4,500 a year.