No one that I know of (ever in 33 years) will lend based on the ARV over Cost over that first short period of time. 

I wont give tax advise as thats not my wheelhouse, but in order to pull equity out of this home you'd first need to be added as owner. 

  $450,000 can buy you an amazing return in the C class suburbs around metro Detroit. 

And yes, after holding back for years, we're launching our first beginner land-developing course shortly.

This is a great place to get your questions answered.Starting out can be overwhelming at first.

They will always use vendors that are more expensive but who respond quickly and do the job right the first time. 

As a first timer, most lenders will require a minimum of 25-20% down.

I'm planning to buy a SFH in Huntsville in the next 2 months so I'm looking to understand more about the area.My goal is to buy in a B/C class neighborhood for a deal that is expected to be cash flow even.

I recently bought a 4plex and I was told one of the 4 tenants did not always pay on time, so no surprise in my first month there was, you guessed it, one of the tenants did not pay.

Purchase price: $50,000 Cash invested: $30,000 First BRRR property.