Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

Originally posted by @Beverly Taylor:During the set up process for RentRedi, the software automatically sends out a message to all tenants by email.

Purchase price: $565,000 Cash invested: $200,000 Current Price: $599K (originally $649K, 67 days on market).

Originally posted by @Gregory Mcgraw:Ok I wasnt sure if you did.  

That way, you can or choose not, to make a change to the original note.  

@Treza Edwards  your original question may answer itself when you say there is not much new construction going on. 

You will pay for the higher risk with higher rates and origination fees but if the deal makes sense then congrats.

Agree that we should not be spending a lot on renovations or repairs, but almost everything needed replacements/updates after we turned over the original tenants.

There has always been many questions as to if one needs to be licensed to engage in COMMERCIAL mortgage brokering/origination or RESIDENTIAL INVESTMENT property mortgages.  

Per my original post, "The Pitch".