I'm in the rehab phase of a BRRRR and it's good to see a success story like this!

Then you could tell them a more qualified applicant applied during this phase and you have selected them.You could consult a local attorney to confirm this is the best path.

You fast forward a few years and loop 288 will complete it's final phases through Denton will push that highway system closer to Krum and bring more direct access to business and residents.

The way this should work is you get a loan for 90% of the Purchase Price and 100% of the rehab costs.As the contractor completes a phase and inspection is done for said phase then a draw is released.

I have started the research phase of wholesaling in terms of finding sellers, but I think I may be looking into the wrong sources.

You can phase the units, you don't have to do all at once.

Currently I have some tenants that mail me checks (I am trying to phase this out) but some older folks are just more comfortable with what they know.  

(Note: These are phase one developments that have not even started construction yet, so prices are phase 1 prices and it will take about a year to be constructed. 

Don't buy for appreciation and you'll take out a large part of your risk, unless of course you're talking forced, phased or found appreciation.

Hey @Mike Eigenmann, I'm still in the researching phase right now to learn more about real estate and build my network.