We generally don't carry debt over to the next month, but I guess our DTI was still poor.

Heck, they even have a 2-4 year building lease that is expected to carry nearly 12% in return, but no equity though.

Don't worry the neighbors will help you fill it.Third, do not forget your carrying costs.

They bought this property Oct 31 2018 for $245,700 and after228 DOM are asking $249,000 - who knows how much they put into the rehab and what their carrying costs are but seems to me that putting the money into hotdogs and selling them at the beach would have a better return.https://www.redfin.com/AZ/Glendale/5220-W-Port-Au-...

@Carrie Smith, whether it's buy and hold or fix and flip I ask the same question;  What's the After Repair Value (ARV) of the property once you complete the repairs? 

If Using Heloc with BRRR (Not Refi)Does anyone know- if investment costs you - (example) cash $75K(COE, Deposits,Rehab,Carrying..) and after Rehab you HEloC back $60KHow should you adjust your spread sheet-to reflect  ROI ?

You can accomplish this, by getting the seller to carry the note.

I was convinced that they were carrying weapons.

Perhaps you can work with one of your friends who could carry the mortgage?

Your reputation in this business makes all the difference.You would include the improvements in the equity raise.Offers always carry more weight than LOI on small deals like this.