Once an agreement has been reached, the purchase & sale go through escrow just like any other transaction.The property can be used for a rental, fix & flip, STR or Lease Option, whatever crosses your mind.

Fingers crossed, she tenant is a lifer.Me on the other still waiting to find the right tenant for 2 of my vacant  rentals.

Stick with the same lender so you can cross collateralize your equity buildup without selling.2.  

Either you pass, or have some work to do, so I would cross that bridge when you get there."

*Fingers crossed!

About the not seeing the property - I had a cross country applicant, so I did a showing via FaceTime and I “showed” the property - and still made him sign a sight unseen addendum.

Investment Info:

Condo other investment.

Cash invested: $10,000

Sale price: $239,000

This condo was built as a new construction unit. The unit was used as a model in a local parade of homes event in...

@Timothy Burns fingers crossed for you... sounds horrible.

@Christian MorsingProbably not gonna find anyone or it will be challenging / if you have other assets you could cross collateralizeAnother option is to bring on an equity partner for that piece of financing

What that said, always, always get cross references from people who have worked with them.