Repair Budget: $45k–$65k to complete construction and finish-outProjected All-In: ≈ $320k or lessProjected ARV: $380k–$425k based on local 3k sf compsExpected Rent Post-Reno: $2,300–$2,600/mo (Hephzibah 5-bed band)Financing Plan100% Disabled Vet → No VA Funding Fee30-yr fixed VA Renovation loan ≈ 6.25% interestRepair escrow to cover MPR items (post-closing completion)Questions for the community1.

There is also SBA loan money available for the business start up costs.  

We see both LLC name and owner of the LLC listed on insurance policies regularly.

The downside is making sure the seller’s lender doesn’t call the loan due and that all paperwork, especially disclosures and insurance, is airtight.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan.

The cash-out loan LTV is based on the appraised value.

Quote from @Michael Nguyen: Some things that make a title company good are ones that have the ability to clear issues on the title and are going to insure the issues that might come up down the road are taken care of without you having to be on the hook.

Reconcile Every Bank, Credit Card, and Loan AccountIf your balances don’t match, your P&L and balance sheet won’t be accurate.

However, this also means that your loan amortization is pretty healthy right now as well. 

I have been refinancing several of their loans these last 12 months, and used to broker deals to them until they started circumventing.