Finally, for the loan, you need a 1:1 net worth to loan amount. 

Comps for a 5 bedroom 2+ bath in the same area estimate the final value above 500k, but I put it there to be safe.6.)

Finally any recommendations for institutions that lend to investors for BRRR projects?

When a mobile notary s ervice is used the TLT Settlement Officer will finalize the details of the closing, communicate with the parties to the transaction, coordinate the mobile notary who will act as a witness closer and notarize all documentation.

I also spoke to my lender and they are willing to lend up to 80% of the final appraised value which should leave me with little to no money in the deal.

When I finally hit 10k in reserves, I started trying to get some income, which is when they started dragging their feet.

Here I am to reach out to BP community for network, education and final “executed plan and action” for BRRRR or flip and/or both in SFH and Multi-units for cash flow.

@Erin Spradlin and @Gray Hall I finally got my appraisal scheduled for my rental property.

That's one of the silver linings...there are some of the things we've been meaning to do for quite some time that we suddenly have the time to finally start doing!

Finally the $50k in repairs was a number given by the current owners.