I evaluated her situation by current value and rental value versus what we could buy/rent somewhere else.MarylandHouse Sold for 235,000Rent 1490 a month after expenses $700House was 35 years old and needed work$135,000 to 1031This bought 3 Houses in California with 20% down.

Let him/her evaluate your entire situation.

I use this quick formula to evaluate all deals I come across:

I would suggest signing up for the free account for a while to evaluate before paying.

Looking forward to hearing more about the progression of your RE venture!

Currently I am looking to start off wholesaling and progress into every other aspect of the real estate profession. 

The 38k rehab can be release in stages as rehab progresses,I would refi to conventional loan in 3-8 months .

I have been looking for tools to use to evaluate the RE market in certain areas.

And if your loan will require a committee approval, you will want to know how frequently that committee meets to evaluate loan applications; could be once a month, and if your application comes along just after they meet you could have to wait until they meet again. 

Good luck, I can't wait to hear about your progress!