The Amount of information he provides for FREE is literally priceless!

Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?

., provided a proforma on each property.

Have you tried going directly through your insurance provider?  

Fire marshall should have provided something in writing to you either a list of what needs to be done or reference a code.

You need to provide 60 days notice if they have been a tenant more than a year.  

The investment is a little bit more upfront since you'll have to furnish the room and bathroom fully, but you may be able to command a higher rent each month since you're covering all utilities, WIFI, and providing all the furnishings.Either way, renting out the room is a great idea and I'm sure it will be helpful so you can rest a little bit easier while you save to move to Lakeview, eventually :)

Make sure you and your mortgage provider understand "delayed financing".

., taking on deferred maintenance or providing a quick, hassle-free transaction).Win-Win Mindset: Emphasize how the sale could help the organization, such as freeing up funds for its mission or relieving the burden of maintaining a distressed property.4.

fpr=1k54qIf you want to DM your address I can provide you with a free report from my tools (bnbcalc and AirDNA pro)