For the first 10 or so flips, stay away from changing the layout!

Hey BP community,I’ve been wondering how other investors approach architectural drawings, especially now that many cities are tightening up permit requirements and inspections.For those working on flips, ADUs, or additions:Are you submitting full architectural drawing sets from the beginning?

Quote from @Christopher Garcia: Not entirely sure who this will reach but wanted to share/warn others to stay away from Nick Vittardi & Tyler Powell based out of Cleveland OH.New investor here that recently purchased my first property in NY (back in June '24) that I am currently house hacking.

Would it make sense to let him stay for an extra 2 months and then list up the property for rent at the end of September or October?

This company is a complete real estate and investment ponzi scheme.  Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they al...

Just read “30-Day Stay”, excellent book.  

But where do you draw the line between a reasonable monthly fee and "OMG That's outrageous!"

I would stay away from the more suburban parts of College Park except for C with good cash flow. 

Not to mention the work has to be done before they let you draw.

That way, your primary mortgage stays untouched, and your HELOC gives you leverage without draining savings.Option 2: Conventional Loan — Best for Long-Term StabilityIf you're buying a turnkey or light rehab LTR and want lowest possible monthly cost long-term:A conventional 30-year fixed gives you locked-in rates and predictable paymentsDownside: Yes, you're on the hook for P&I immediately, even if it's vacantBut if your equity/down payment is strong, you can cover that initial window using your HELOC or reserves until rent flows inIf you and your fiancé have strong credit and DTI, you’re likely to get better terms than many investor-specific loans.