If you're not confident generating accurate numbers for all these items yourself, move on.

In other words, even if a wholesale deal in my area even within the 65%ARV less rehab costs criteria, I would not have enough money to acquire and do the work using only the credit line.My question is 2 fold:1) Can I use the business line of credit as a down payment, then get a conventional mortgage like a 203K FHA to purchase and rehab the property. 2) Can I refi out to pay the loan if there is enough equity built into the property when the rehab is done.Not really sure whats an effective way to use this line of credit, if all the wholesale properties in my areas are priced in the 150k range.

You know how you were always taught the government was built on a system of checks and balances?

This further suggests that the seller of the first house is selling the house itself for 790-458=$332k.But this is a 2000 sqft house built in 40's probably, and comparable analysis shows that this is a fair price.Then how can I justify the price on the first house?

Investment Type: almost entirely individual units in condos (get someone else to worry about the daily maintenance hassles etc, plus be compensated hugely when sold/torn down/re-built etc).2.

Their business model and structure is built on retail pricing and warranties.Hope it helps.

I've already built my own .xlsx for crunching numbers (CAP, CCR, NOI, Returns, Mortgage, expenses, etc...) to evaluate a property.If it helps in your feedback, my short term targets are going to be 4-plexes in need of minor rehab or already occupied.I have my painter, HVAC, and Buyers Agent lined up.

If your target was a 10 cap but the inspector said a new roof was needed now for 8,000 you would go 86,940 purchase - immediate capex (8,000) = 78,940 offer priceMost investors shoot for about 100 minimum a door clear after anticipated costs and debt service per month.Remember the costs average out to 50% but some years you will use more and some less but it will average over time close to this.Big ticket items you need to build a cost reserve stable of when those items will reach past the life expectancy and plan accordingly.If you look at the BP file vault on here there is some free stuff and I believe a cost reserve stable in excel example is on here somewhere.

The only house currently built on the street is tax valued at $700,000 and other empty lots are tax appraised at around $60,000 per acre.

I'm looking for something similar to that that has a CRM built in.