Asking price: $200k, contracted at $175kAt the time, I had no clue how to underwrite a mobile home park.

Quote from @Jessica Miniru: Cold calling skills are great very few want to do it and that leaves it up to you to handle it and crush it for the people that do not want to do it.

Just keep it between the ditches and be prepared to take some (reasonable, calculated) risk. 4.

The commercial unit downstairs used to be an orthopedics office and has no current tenant while both the residential units do.

This is how is you learn what strings to pull on a BRRRR or flip deal.

A steady business needs a steady way to meet people who actually want your help.

@Jamie MasonPlease go to this page on how to cancel your BiggerPockets Playlist Membership https://support.supercast.com/article/190-how-do-i-cancel-my-subscription-subscriber-v2Let me know if you need further assistance.

Quote from @Collin Silva: Hey everyone how's it going?

That shows how much your NOI can drop before you're going to start eating the costs yourself.

Heloc's also require a monitored DTI debt to income of the bank/lender holding the heloc could reduce or close the account due to excessive trade lines causing a shortage of fund on the purchase or repairs or renovation after the purchase.I have seen multiple homes sold this year that they had a first mortgage and a Heloc and the home sold for less than expected causing a problem with profits and in a few situations caused the home to not sell due to the seller getting lower offers and not able to pay off both mortgage and heloc.I offered a few things to keep in mind and mentioned to reach out if he had other questions.