We sought out to leave 30% into the deal but being over our construction budget we may need to do 75% so we can take most of our capital out, again depends on what the appraised value will look like.P.s I was just in Austin over the week, so far its been a great city!! 

Hey y'all, wondering what percentage to budget for capex on a 3000 SF, 4/2 that's been completely renovated over the years (not expecting any huge projects to come up).  I was thinking anywhere between 5-10% of gross,...

I know there are some that do this. i think Lima Capital is one.

My investment partner and I have capital burning holes in our pockets!

You have to capitalize them to the basis. 

Other thoughts...A homeowner won’t have capital gains if living in a house for 2 out of 5 years, prior to selling it.

He would like to attempt to avoid paying capital gains tax.

Currently my biggest fear is losing capital due to dishonest seller, issues with collateral file causing inability to collect on loan,..etc.   

Still looking for the right on and also want to come up with some more capital for the DP

Josh Sterling, Brandon Turner and Josh Dorkin seem to all be in agreement that they only use cash value insurance for their properties.Their reasoning was of course lower premiums to pay but also that a cash value policy was more then enough to cover the capital they had tied up in the property.