There simply are too many people attempted to get their hands in our pockets. 

Instead of simply paying off the old seller, you identify a new seller financed property and you negotiate 10% down again.

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.

There’s a chance that a septic upgrade will work, but also a chance that it’s simply not possible.

I am currently in the planning phase of my real estate investment journey and had a few questions I’d like to ask someone more experienced.Would it be smarter to focus on paying down my own mortgage and then use a HELOC as a down payment for my first investment property, or should I simply use my savings for the down payment instead?

Honestly, I wish more consumers asked this because there are far too many agents who believe their job is simply to show homes, write contracts, and collect a commission.

Simply put, many of these distressed properties were put under duress by the former owners financially, not necessarily the location.

This is simply a one page form that you and the seller need to sign when there are any changes that need to be made to the original contract.

I have some who will simply lend 100% of PP and 100% of Rehab  up to 70-75% of ARV in parts of the midwest and SE - feel free to shoot me a DM and we can discuss! 

I wouldn't invest in MA or NY, simply because of their eviction laws.