If it is a direct lender you are able to work to find more favorable terms because they usually determine their terms on a deal by deal basis. 

Currently my short-term management property is managed by the property management company.

Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental 

LoL So really trying to learn what I can, gain some capital, and see what my options could be for the year.I'd like turnkey and long term renters in place, as that seems like a good way to get started as a rookie. 

As always, read ALL the terms before you sit to close.

It was a big project in terms of the amount of work it needed, I just ran out of time with my lender going through the garbage with the contractor, finding a new one, and finishing taking the longest. other than that I would've let it sit on the market to get closer to what I actually wanted for the property.

Hello chat, I am currently interested in an acre lot here in Texas. I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.On...

What are your loan terms?

💪Flipping in C-D areas is smart for avoiding long-term headaches, especially when it's not worth the upkeep.

Read and follow your lease, don't allow your tenant to dictate terms.