If you are really serious, you could buy a duplex with FHA 203(k) rehab loan, only needing roughly 3% of the purchase+rehab amount.

We have ~150k equity in our current home and are considering doing a HELOC to either purchase or put a down payment on an investment property.

It has appreciated a bit since we've purchased and I've been wondering if I should remove myself from the deed.

Make sure to think the entire process through as it may be more advantageous to to it prior to or after the purchase of the other property for your brother.

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

QUESTION 1: Would you consider this a good investment; purchasing a renovated SFH, section 8 it, and utilize a management company?

It would be perfectly fine to purchase as tenants in common, and as long as Cousin A purchases is at least as much interest as the net sale of the old property.

Although they may not have property specific info, they usually have rent and student demographic information you can use when deciding a strong price point or looking at occupancy trends for your market/property.I hope this provides some insight!

I don't have all of the details regarding frequency but it sounds like you intend to flip the property when you purchase it. 

Good afternoon and thanks for reading,I have the opportunity to purchase my neighbor’s house (4 bed/4bath/2 kitchens on 3.28 acres of timberland adjacent to prime BLM hunting grounds) in Walton, OR (about 40 miles outside of Eugene) and I need advice on securing capital for the rehab budget of approximately $80k-120k.Purchase price offered to me is $300k with a $50k downpayment and 5% interest with monthly payments and a 1-5 year term.