Having your financing lined up is essential because many properties receive institutional bids.

The property had foundation work done just prior to the sale but continued having problems, even after I hired a second contractor to correct.

This is my first post on here and excited to share my real estate investing journey with the best partner in the world, my wife.. we are looking into buying our first investment property via hard money.

.: REI nation is a reputed turnkey provider but they just sent me pictures of the property and asked me to choose.

Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.

@Celli Mowery looked at several properties on Zillow in Mt Vernon, not seeing anything attractive.Also, only a single rental!

Search for properties listed 90+ days.

Long story short, I have no primary home and the property the guesthouse is being built on is a LLC with 3 years remaining of 20k PPP.

@Angela Simon, If it wasn't your son there is a small chance that your accountant would let you purchase the 50% of the property you don't own. 

As you alluded to, sometimes a passive note investment purchased for monthly payments “goes south”, and becomes an active participation investment, with plenty of additional capital required for legal fees, forced place insurance, and property taxes.