Purchase Price: $369,000Rehab costs to date (Cash/0% Credit card): $22,000Additional cosmetic rehabs: $6-8kAs-Is Appraisal: $420,000 (April 2021)Current Rental Income (friend living with me): $800Mortgage: $2000Comps in the area: $490-560K but average sqft price $264 with prop size of 2450 sqft, so could be more.Rentals in the area: $2.5-2.9K a month, not including additional living space.My financing/current capital methods:Personal Income: $129,000 a year.Rental Income from above: $800Student loans: $340 a month.No other debts other than CC payments for rehab and personal debts: $12,000.Savings (does not include investment accounts, 401k or IRA): $12,000Cumulative CC Limits: over $50k.My questions include:What are my best options to get this thing to cash flow while adding as much value as possible for a refinance (pay off CC and have cash for another off market property I have in the wings).

Let me know if your answer changes based on hot/cold market, amount of room for homeowner to turn their car around (don't have to backup onto street, front yard size, and expected profit (for buffer in case ARV is off).Thanks!

Hey Juan,If you are sure and can maybe get some short term transactional lending maybe take out the rehab portion of the wholesale equation and offer .70 x $650k?

So my question is this; does anyone have experience using the remaining portion of their VA entitlement without being relocated by the military?

Hello BP Community,We sold our home and the portion of the funds (~ 400K) that had to be wired to our Mortgage Servicer was sent to a fraudulent account (Wire fraud) by the title company.

My first question is, what is the best way to add the cost of the land into the loan so he can get his portion back when we refi out of the construction loan?

Also be conservative on deals this size and use 65% LTV.

what is the loan size and LTV?

Hi BP,I recently acquired my first property, which is a house in Hawaii where I'm renting a portion of it to a tenant.

As for the daily charge, I don't know the typical process for enforcement, but I figure at the least it means not paying that portion.