Insurance is definitely one of the parts that can be creative and save you a lot of money!

Either way, the property will cash flow like crazy once my unit is rented.I have enough capital to get into a bigger property with low money down and am seriously considering a triplex or fourplex for the next one.Here’s the issue: My lender (local bank) says I need to be fully moved out and have a lease in place before they’ll proceed with my loan.

I figured why not just use a banks money instead of using a customers money and not have to deal with picky customers.

I purchased this deal with a private/hard money lender.

I financed this deal using private/hard money.

I financed this deal using private/hard money.

If you do the out reach yourself it will take time and money.

why on gods green earth would you want to buy 10k condemed houses :)  seems like a waste of time and money to me.

It hurts the tenants ability to find another rental, nobody wins, and it takes forever costing you money. 

Using the 203k or now the HomeStyle loan you can buy a fixer upper and get all the money to renovate.