I need insurance for a property with Fed pacific PANELS, minor leak under sink, and limbs hanging over roof. 

We also always try and use the delayed financing approach if possible as we can recycle that capital as soon as we close and sink it back into another deal. 

Louis County licensed plumber to remove a T-trap and install a P-trap under two bathroom sinks.

Based on our projections that won't sink our profits too bad.  

I have owned this property for almost 10 years and originally purchased with cash and of course work has been done over the years. ceramic tile in bath and kitchen, laminate wood in the rest of the rooms, cabinets and countertops, sinks in bath and kitchen, new tubs and toilet etc.. located in st louis its a 2/1 but will rehab to make 3/2 so we will be adding value to the property and will be using the rest for capital for the company as i have other deals I am looking at...

Scope includes installing six GFCIs, snaking three drains, replacing a shower valve cartridge, very minor drywall patching, small waterproofing patchwork in the basement/front porch, realigning a few doors, replacing a kitchen sink drain assembly, installing blinds, and a handful of other minor items.

I am smart and know when the ship of the industry is sinking or taking on water.

I'm not a fan of consumer debt of any kind, but definitely don't apply for or open new credit lines of any kind while you are pending.Lenders will run a last sec re-score just before funding and even one little new card or furniture store line could sink your deal.Play with cc snakes long enough, you will get bit.

I guess we're sinking alot of our income back into property at the moment. 

I've been teaching this for 10 years and still there are a lot of people from all kinds of educational levels and degrees that have a difficult time absorbing this concept.One reason why I taught it was to keep these calculations fresh in my mind and how it should be used.It really takes a while before it sinks in but it can only sink in until you do a number of comparisons of a diverse group of investment types.Investor Llew