Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

Beginner question
When I start to hold properties I have a basic question.If I am getting leads that are off market and getting them at 70% arv - repairs shouldn't that count towards my down payment?
If I use a HML to restore the property and am left with 30 % equity shouldn't that be enough to refi to a traditional investment mortgage? I do have a mortgage guy I will be meeting with shortly I just don't want to come across uneducated.