This is our first investment together so we're exploring financing options.Wondering if anyone has trusted contacts in private lending/hard money who are able to fund ~$400k in acquisition cost and ~$250-300k in repairs?

if you don't know what this is, look it up.)how it benefits you: you pay yourself back - you pay back the cash you spent with the cash from the brand new loan.

I think it's fair to say it's beyond normal wear and tear, but I'm not sure how much is fair to say "I'm going to have to deal with this somehow, and because of the scratches I'm deducting x." 

We only lend to experienced rehabbers who have been doing this full-time and locally.

It's hard to find a cash flowing rental in this area, but paying all cash certainly helps!

This is such a great community and we value all the comments!

In short, this would be an entirely appreciation-based investment.Given the state of the economy today, with high interest rates and the seller-buyer lock out effect, I want to discuss the pros and cons of this investment at length, specifically in the context of all the other properties / neighborhoods that I have been evaluating. 

They include demo, prep, install, and install qtr rd, and are done in a day, may two for a large project.Some pics of our flooring on a recent flip with this company, and they may have a location in your city.

I love this approach.

Purchase price: $75,000 Cash invested: $95,000 Bouight this 6 units with owner finance.