In this example, I didn’t include any CapEx costs and the loan is 75% of the value.LTCWith a LTC structure, the lender is willing to lend funds as a percentage of the underlying asset’s purchase price plus renovation/repair costs (project cost).LTC financing is generally viewed as favorable for the borrower albeit, riskier, due to higher leverage, less debt service coverage, and renovation risk in the form of underbudgeting.LTC = Loan Amount / Project CostsMost often, lenders are willing to offer LTC terms structured as a bridge loans.

also, I am exploring different funding options including HELOC, HEL, etc.Given current rates are quite high and sticky, how do you recommend to utilize these funding options?

Once it's approved, a sheriff will serve the eviction notice to the tenant, and the paperwork will include the date and details for the eviction proceedings.If you prefer to use a professional eviction service feel free to DM me for a few references. 

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

I main question is about scaling in real estate as a business owner vs employee.

Hope BP'ers can share their experience and point out if I need to expand my research scope to include other funds besides the list below. 

Folks - old Thread but typically what % do you expect annually for property management including some break/fix costs.

Thank you for replying.The land cost 200k (3 lots) and it includes a house that needed some rehab, which is now done and I have a tenant lined up for $1600/month. 

I've done some fixing and flipping and have a decently strong background in renovation so if any of my past mishaps can help you avoid future ones I am happy to connect to point you in the right direction.I see your tag was from Naperville, but the title says Elgin...where are you mainly looking to invest? 

This way, you may learn the ropes and obtain practical experience without taking unnecessary risks.Examine many approaches to real estate investing, including wholesaling, home hacking, BRRRR (Buy, Rehab, Rent, Refinance, Repeat), and long-term rentals.