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Updated over 8 years ago,
Why can't I put any deals together?
Rehabber who used to use cash and skip due diligence but got beaten down that way! Now trying to get started the right way, I have deals on my desk, but why can't I get them analyzed? I am so stuck. I have some numbers, but I cant figure out my exit. I cant find a lender for a low end property, and I am not creative in the least, zero creativity, so I have no clue what I would do with this one property that is less than $50K with acquisition and fix up. No clue. I've spent countless hours on this education and still have no clue what to do. Why am I so stuck? I want to renovate it, but it has an encroachment issue, but that can be resolved with the neighbor granting the land that the house is encroaching on, but that's the reason for its low price (from a wholesaler)./ I can pay cash for acquisition but need repair money. Or the other way around. When done should I rent? Rent to own? re-sell? I am so stuck. When it comes to proper analysis, I am totally retarded. Can anyone help me get up off the ground?