I think its realistic that i could pay cash, and renovate the property with all the proceeds of our personal home sale... and would then plan to refi and pull our initial cash back out... leaving us with pretty much the same mortgage payment we currently pay.. but for a larger property, worth more, and still have cash from the sale of our orginal house.... i would love to know everyones thoughts on the idea.. as well as thoughts of if you would sell the house given the increase in price per sqft from when we purchase it... ps since the purchase of our house, the kitchen has been redone with quartz counter tops and tile backsplash if that changes anything.

They may just be trying to extort a bit of extra cash by exploiting a contractor's upper hand in the lien laws.I think the contractor "robbed Peter to pay Paul" with my initial payment to him and I think the money from the initial payment is gone. 

Notification is usually only necessary when you initiate the entering of the property for a non-emergency, legally allowed reason.Most likely the letter is stating that the dog is an Emotional Support Animal.

I had not considered that 3rd option of taking out a 2nd mortgage.Its amazing how many options there are in terms of how to get my initial money down and where I might want to invest and how (flipping vs rental income).

The more I learn about RE the more leveraging your money seems to come into play and trying to minimize your initial investment and even pull money out to do more deals makes sense.At my RE meetups it seems like creative financing is really how all the pros do deals.

You could also look into getting your own license, it will likely cost you about $1500 initially and $2-5k per year to maintain, but if you’re not actively working as an agent and building your reputation, your deal flow may go down as other agents don’t always like working with part-time agents, just like they tend to blacklist the discount brokerages.

Back when I went through they offered like a study group session at the end, do they still do that?

All proceeds from the sale would then be split 50/50Given that I am still a newbie I was initially skeptical about buying the house as well as contributing the funding for the rehab while he contributed no actual money out of pocket on a 50/50 split but his justification was following.1.

We don't believe we necessarily need to form an LLC for this initial investment but would love more in sight into the proper process of pulling this off.

How do I find a good actual value insurer that will insure to my after-repair cost and not my initial purchase price?