I gave my $300,000 move-in ready beautiful vacant home to this large well known local co in Oct 2016.( Ive owned and self-managed another very similar rental in the same subdivision-- since 1998--and it has never had one day of vacancy in 16 years-- rented at $1860.)This professional pm co put all utilities in their name on my new property and turned the hot water heater ON and the Water ON ( even tho the main water cutoff valve is easily accessible in the coat closet beside the garage, the entire 3 months they 'managed it').They let the property sit VACANT OCT-NOVand on their "routine inspection on Dec 1, to make sure hobos had not moved in" they SAW the water heater in the garage was spewing (at full blast) A 20' stream/ fountain of HOT WATERand that the entire finished closed garage was covered COVERED !!

I ripped out the skirt, took out the "belly" of the MH and re did all of the plumbing with PEX tubing instead of the old galvanized crap that is notorious for cracking, installed new toilets, and finished gutting the interior and sold it as a "fixer" to an old work partner for 2700.

Use your $300K for payments & to cover the gap not covered by Hard MoneyOnce the properties are finished & cash flowing you most likely won't be able to refinance w/ a traditional bank but there are lenders that will finance w/ only 6 months seasoning as long as the properties are cash flowing.  

greetings everyone, i'm new here and needing some advice. so im thinking about buying another house. the plan i have in my head is to buy a fixer upper with cash (to try to get lowest possible purchase price) and to get a heloc from it to use on repairs. the plan is to move into it once renovated and rent out my current home. as far as repairs im only interested in fixing up big ticket things.. stuff like fixtures, paint, drywall and tile work i can do on my own and figured i can do on my own time to finish the house since i'll be living in it. and if things go according to plan..i'll rent/sell that  house and do it again once its complete ..has anybody done something similar to this?

Congratulations on finishing school for Pharmacy!

Just finished all 210 last week!

Can anyone suggest a licensed and insured drywall/finish plaster company that they have used in the past that is reliable, does quality work and whose work you can vouch for?

He was finishing the Upholstery course just before Hurricane Andrew destroyed that school in Perine.

We have gotten the ok from zoning and building department as well as found banks willing to finance a finished container home.  

I am hoping to finish that last R (repeat) and follow it with many Rs after it.