There is usually only a charge if you print something.Jay

Also a realtor told me its illegal to profit off of people by stepping them through the loan mod process, I think perhaps thats just for realtors though...I got someone whos done dozens of these home mods if any of you are concerned, I say this because I know theres always someone who will jump on you lol...If theres no regulation, how would I charge for the service?

I would just prefer to keep my cards closer to home.

Most of the areas investors will find there way to the property and you can give them your card and be sure to get their info.

You would sell to someone with temporarily tainted credit or possibly self employed, getting top dollar on your sales price, 10-20% down, charge 7-8% interest, and rid yourself of the PM, maintenance, and all other expenses of holding rental property.

HML's typically charge 3-5 points, plus fees and mid double digit interest.

But if it will cost a lot, be sure to factor that in to how much you want to charge for a month to month.

Before I go any further, I do want to specify that these "lines of credit" come in the form of business credit cards, not traditonal lines of credit like you would get from a bank.

This really is a complicated and possibly emotionally charged situation.

If I were to sock away 20% for expenses, that gives me a small NOI, and the equity would be sitting in the house which really doesn't get me anywhere.The Refi would bump up my mortgage and I'd need to hold on to about 5K for an emergency fund, but if I put about 10K into remodeling, I can potentially break-even by charging more in rent.