If someone you don't know reached out to you to offer you a loan and you do not know them, they are essentially acting as a hard money lender (lending based on the hard asset and not a prior relationship they had with you)."

You’ll face hurdles like maintaining a steady deal flow, securing funding, managing renovations efficiently, and optimizing your exit strategies.This guide highlights key strategies for investors looking to transition from single deals to a scalable, volume-based distressed property investment model.1.

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

Feel free to DM me to discuss my experience as an investor or lender.Jeff

So you went based on pricing.3.

There are no free lunches man.I'm not an attorney so everyone should confirm with one. 

Business is based in California but I’m licensed to operate in Texas, Ohio, and Alabama in addition to California.

I'm a former general contractor and cabinet maker based in New York City.

They didn't pay for it, so they don't take care of it like an owner.Before you make assumptions about costs based on a seller's contribution to improvements, find out what they improved? 

The information shared is based on my experience and industry knowledge and should not be considered legal, financial, or investment advice.