Any help advice is greatly appreciated.Andrew   HousePurchase Price $90,000 Total PriceRepairs$10,000 Rough EstimateMortgage $408 20% Down 5.5% APR when refinancedTaxes $790 Pulled from countyHOA N/ARent$1,800 $450 per UnitProperty Management $180 10%Maintenance $180 10%Capital Expenditures $180 10%Vacancy $180 10%Cash Flow $672.00

@Mark N. 

Investment Info:

Single-family residence buy & hold investment in Powell.

Purchase price: $100,000

Cash invested: $20,000

Seller approached me about listing the property for sale. Her parents bui...

Investment Info:

Single-family residence buy & hold investment in Powell.

Purchase price: $100,000

Cash invested: $20,000

Single-family home with 2bed/1bath upstairs, mostly finished basement. On...

She lived there alone & had a l-o-n-g surname.

I would use the HELOC as your down payment and closing cost money to get into fix n flip loans.

@Jeffrey Holst those insights are rock n roll dude.

@Christopher MeyerAssuming this new property will turn into a Fix-N-Flip, give her the listing to sell for you. 

@Harman N.

Occupancy: investment, owner occupied, short term furnished rental, rent-to-own, and or long term rental.Value of property at present and/or your offer price: currently looking at propertiesAfter repair value: $ N/AAnticipated or actual appraisal issues: N/ACurrent rents per month: $ an extremely cautious number we believe is $500/brFair market rents per month: $lowest we saw was $820 for a 1 brDown payment or equity: $8,000  not sure of equity yet as we haven't locked down the subjectSource of down payment funds, if applicable: own fundsIncome Source: Salaried/hourly W2 (In Illinois)Gross monthly income (optional): $2,400 + pretty regular overtimeMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: under $100FICO: Good bordering on excellentCredit issues: Length of time I'm only 20Additional details:  Wondering if anyone can shed some light on this...how or can you get financing when you want to move to another state and have been working steady (Kohls for 3 yrs and recently changed jobs, about 4 months ago, to better salary, from $10 to $15 / hr, and opportunities, already been promoted twice) but will have no employment history in the new state.