Then work into the next deal and back on track to make some money on the next flip, or buy, renovate and hold for the other person.Everyone says it is easy with low and no money down, but I am finding it hard unless you have $30K sitting around doing nothing.

Then work into the next deal and back on track to make some money on the next flip, or buy, renovate and hold for the other person.Everyone says it is easy with low and no money down, but I am finding it hard unless you have $30K sitting around doing nothing.

Two I was doing way too many low dollar tasks, running to the hardware store mowing the lawn you get the picture.

@Billie Miller, I will have to dig more into points up front but would like to keep the interest rate as low as possible.

The HELOC doesn't cost you anything to hold if you don't use it for a while, and you can often times get low interest periods on the front end to help you pay them down quickly.

So, I got a great house for a good deal but it is 1900s, so definitely not a low-maintenance house by any means!  

In reality, no one helps you with lead generation, so you are better served with a brokerage with low overhead. 

I work as a field property claims adjuster and I have experience in estimating restoration damages on jobs of low to moderate complexity as well as extremely complex claims up to 100k+. 

I would assume they've been hit with low balls quite a bit over the 4 years. 

well first off this being a landlord site.. and a positive cash flow site generally speaking.. most will tell you are nuts to buy this.however if you can get the property to just about break even maybe lose 100 a month or so and you have a prime Socal asset that someone else is paying off your mortgage and you think rents can go up a little.and you can EAISLY self manage based on quality of the unit .. incredible tight rental market.. that mitigates a lot of land lord issues.I mean whats the alternative you go 1000 miles away to make 100 or 200 a month.. is that positive cash flow going to change your life..is 100 a month negative going to change your life.now this is an extreme.. but i owned a home in Palo Alto that i chose to sell back in 91 because it would have been 300 a month negative.. well that negative within 36 months would have been positive.. and i sold for 500k and today that home is worth 3 million.... and once it got positive it probably would have been positive up to 2 to 3k a month coming into the 2010's.... and someone else would have paid for my home.. plus grade A tenants at all times.. being prime Palo Alto.so thats one extreme.. its really only in low to no appreciating markets with tougher tenant bases that turn a bunch that positive cash flow becomes more acute or for those that want to one day live on their cash flow and be in the business of landlording.. thereby acquiring 50 to 100 doors.