DSCR loans are usually what I recommend to ensure approval as your qualification is not based on your income but the projected rental income of the property.

Since I undertake a number of projects with passive partners who maintain ownership interest in the LLC, I often have to negotiate this with the banks ahead of time as I customarily solely guarantee the debt and that's my LP's expectation.

Purchase price: $58,500 Cash invested: $55,000 Sale price: $155,000 Contributors: Peter Vekselman Partner Driven and Carol Tarnowski teamed up for a transformative project on 14th St, Fond du Lac, WI.

Sounds great, my expertise is deal analysis as well so happy to trade notes and connect! 

I have already read Avery's book and I've been stuck in analysis paralysis for a few months now. 

I have every intent to complete my very first fix-and-flip project in 2025!

Hi Jonathan,Jay’s Fencing (209-847-3992), Elite Iron Fencing (209-968-6685), and Fletcher Fencing (209-662-8298) are solid options to get bids from and compare.I also offer consulting services to help clients navigate projects like this—whether it’s evaluating bids, ensuring the scope of work is clear, or helping you avoid potential issues during the process.

Based on analysis, I'd be cashflowing day 1 and there's some value add potential. 

Hi Ursula,Even though this post is a few months old, I thought I’d chime in just in case you’re still working through this or for future projects.

Hey James, what a col project!