CONTEXT-(30k in credit card debt, split between 4 cards, mostly in charged off status)(one vehicle loan that was charged off, is now caught up to current, not paid off, 50k original loan amount)(some card companies are contacting me trying to make a deal, so likely only have to pay 20k of debt off.

It is a favorable equation b/c you get to include rent savings & loan paydown However, I do not understand how you can use loan paydown for the equation.

Is there any way to get a ball park idea for this without engineering documents to generate a quote from an excavation company?

Hello Bigger Pockets Family, I’m looking to invest in real estate as well as start my own property management company I have my LLC already .

Owe about $900k on the loan.

Or is it better to wait out the seasoning period with your loan balance (I used a HELOC so no hard money lenders or balloon payments) and just refi out in 6 months?

(no mortgage) You may be able to get a short term rehab loan for the property.

I have a colleague in the area with my RE company, they are mostly investor focused if you send me a DM I can connect you.

I called restoration company and they assured to reach within 2 hrs.

This, coupled with the fact that the HVAC company didn't run a Heat Load when we purchased 2 new units in 2021, has led to extensive, repeated water damage and remediation on 3 separate occasions in different areas of the home.