Even if you don't use a dollar of it, the bank will look at it as if you have 100k of debt.Getting a HELOC and doing a cash out refi can actually be trickier than just getting a mortgage.

I would read the Actual subordination agreement online myself though.

You may think you know a lot about the data, but evaluating the actual house isn't the same. 

I actually did one such sale recently.

Running numbers you actually see he makes much more sense with this method.

Just curious what the profit margins are actually like in your experience.

very, very difficult to start out of state.here's a post that goes into these issues in tons of detail.https://www.biggerpockets.com/forums/48/topics/1159104-overl...you're in texas - you have lots of markets and submarkets. no reason to go out of state.

ArcGIS has much more but you have to pay for it.But nothing beats actually going there, looking around; are there vacant buildings, loiters, trash, etc?

I am taking a loan of $280,000 but for some reason, the lender I am talking to is charging me about $6800 of lender fees in the closing costs quote that he provided, along with other overpriced charges that I have not received when I got a previous loan from a different lender in California.

Turbo tenant is the only one I actually pay for straight away - $99 for the year.