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Updated almost 5 years ago,

User Stats

19
Posts
6
Votes
Paul Botsyan
  • Contractor
  • Seattle, WA
6
Votes |
19
Posts

Investing OOS in KC, MO, first time investor, need a check list.

Paul Botsyan
  • Contractor
  • Seattle, WA
Posted

My plan is to buy my first property around the end of summer in KC, MO. Heard the property taxes are cheaper on MO side.

I am a contractor and I would like to BRRRR the property. So I would have to find a Hard Money lender ? And then find the bank that would be willing to refinance after I'm done with the property? And if the bank is not willing to refinance then just don't get the property? Please help.

What are some of the things that I should be doing to get ready for that first OOS investment to minimize the risk of getting screwed?

Then find a property management company?

I want to be fully ready to fly in,inspect, purchase, rehab, refinance and rent out, leave back to Seattle.

PLEASE HEEEEEEEEELPP

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