I was getting a few from google and other related real estate forms to build my own super comprehensive deal analyzer.

I know I need to get itemized bids for the property and what needs to be done, but I want to understand typical cost for renovations.

I've played the real estate game long enough to know that understanding investors' goals is like getting a treasure map to lucrative deals.

Purchase price: $450,000 Cash invested: $250,000 Client Portfolio Spotlight – SK CapitalExecuted by Ikon Property Group (IPG)Ikon Property Group successfully executed a comprehensive investment strategy on behalf of SK Capital, building a portfolio of 34 single-family rental properties in Genesee County, Michigan.Our vertically integrated approach included:- Strategic Acquisitions: Properties were sourced through direct-to-seller deals, the Genesee County Land Bank, and the Michigan Tax Auction, with acquisition prices ranging from $5,000 to $30,000 per property.- In-House Renovations: Our construction team handled all renovations internally, transforming distressed assets into turnkey rentals while maintaining strict budget and quality control.- Leasing & Property Management: Each unit was leased to thoroughly screened long-term tenants using full credit, income, and rental history checks.

Hi Christina,Here's a clear breakdown to help you understand how to access the equity in each property, depending on your goals, especially using it for a down payment on House 4:House 1: Primary ResidenceHELOC (Home Equity Line of Credit):Pros: Flexible draw, interest only payments during draw period, good for short term needs.Cons: Variable rates, payments can increase based on how much you draw.Best for: Keeping your lower first mortgage rate intact and accessing funds as needed.Cash-Out Refinance:Pros: Fixed rate, lump sum, can have lower interest rates than investment property loans because it's your primary residence.Cons: Replaces current mortgage rate (which could be at a lower rate).Best for: If you want to simplify into one loan.House 2 and House 3: Investment Property DSCR Cash-Out Refinance:Viable option here that doesn't use your personal income to qualify.Based on potential rental income (current rent, market rent or appraiser’s rent schedule).Typically max 70-75% LTV.Documentation is minimal.Happy to help if you’d like to walk through potential numbers or talk through how others structure this kind of move.

In a deep search, it will conduct a thorough investigation and provide comprehensive reports on any topics you need.

If anyone has experience in this area including advice working with lenders who understand these strategies, or tips for investing in the Atlanta market, please reach out! 

During this time, when I inquired for updates, the builder sent me a comprehensive checklist of where we were in the process to see our progress.

I am still in inspection period but would love to understand if there are any potential unanticipated surprise.

We specifically requested comprehensive documentation, including current lease terms, rent payment history, tenant background, income and credit verification, and information on recent building maintenance.