Purchase price: $90,000 Cash invested: $55,000 Triplex in SE Cleveland (D+ neighborhood)Purchased for 90 and saw 105 for valuation. 25% down plus closing costs and unit repairs has led to about 50-60k going into the deal.

There's currently a tenant in the house (who I presume caused the smoke damage), but the seller promises that this tenant will be gone before closing.

The website that’s shows how many closed 203k loans?

Yes, I'm a lender, but we have an arm that's been investing for close to 20 years now.

Pipe leaked after closing.

Closing in a few weeks or less@Ben Fernandez So, I assume you're buying between $100k-$150k with $50k-$100k in rehab?

I just closed on a new construction home through Rent To Retirement, and wanted to share my experience.

I recently closed on a commercial condo unit (for retail), which is one unit in a building that also has 7 apartments. 

Located close to the East End/Oakland where the universities are. 

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.