Or a doc they have created & given a title company on a subject to deal?

In my experience, most tenants will play ball when they deal with a landlord who acts like a professional and sticks to the policies.

HELOC then you can use the equity for another deal but I would only use it if its for a flip or brrr or possibly if have a plan to pay the heloc off over short period of time.

Also, I want to ask how to estimate the rent for deal analysis.

Does it have to be a "smoking deal"?!?

But, this is a bigger "deal" and you potentiall get dragged into something you may not want so save a couple $10k's of taxes..

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

I have been waiting patiently for years to find a deal of this magnitude. 3 fell in my lap at one time.

What made you interested in investing in this type of deal?

Hi Andrew,Congratulations on doing many deals!