What I've found is that it offers too many configurations and if the user isn't aware of what the outcomes are, it can actually make them loose more money faster.

If you have offers out on properties, make sure you understand the rent control levels they are under before you buy.

The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.

Most rehab loans offer 85 to 90 percent of the purchase price and 100 percent of the renovation costs.

Shiloh, the poster above, seems to find investors and I don’t think he has to offer a discount (most people trying to partner on a property are probably finding properties that are selling for close to retail and then they seek partners with whom to purchase the property and therefore don’t even have a chance at offering a discount since they don’t already own the property as I do).

@Jimmy Lieu, thank you for the offer.

The seller is representing themselves so showings must be arranged with them, and offers made to them directly.

It’s been pretty competitive here (partly bc we’ve gotten some BP nods over the last year) but I’ve definitely noticed a drop in offers and competition.

Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.

Also, some helocs will offer Interest Only payments, some that go above 90% LTV may ask for 1% of the outstanding balance or 1.5% of the outstanding balance.