You will find deals that don't work for others (distressed, location, too big, too small, etc.).

It's important to be truthful and not prey on a distressed homeowner if they are ignorant. 

sounds like a similar house hack, but unfortunately I've found my VA loan to be more hassle than help.buying distressed properties is out of the question with VA, and buying even slightly distressed can be hard!

---The Oakland City Council is scheduled Tuesday to decide on a resolution proposed by Councilmember Lynette Gibson McElhaney that would establish a city loan program to help “distressed low-income homeowners” evict their tenants when the landlord or relative wants to occupy the property.Under this proposal, co-sponsored by Councilmember Rebecca Kaplan, the city would set aside $300,000 “to make available no-interest loans” to “cash-strapped” landlords to help them pay city-required relocation payments to tenants they are evicting.http://www.oaklandpost.org/2018/07/06/councilmembe...

Hi All,For those of you with experience rehabbing distressed properties, and also self managing multiple units, I'm curious what kinds of things you've done to build your network of contractors/handymen. 

I’m interested in acquiring rental properties or distressed properties to wholesale.

The market seems to have cooled off a little during the summer but if you ever have distressed SFH's please let me know. 

I would only use the formula for small, severely distressed, negative current NOI deals with big upside.  65% simply reduces my risk. 

Rather than selling the rehabbed property you will just rent it and refinance it. eg: 1) Purchase distressed property  = 40k cash purchase2) rehab = 50k cash rehab2) Appraised at  = 160k 3 Refinance 80% LTV = 160 X 80% = 128, you take home 128k cash  Your total investment was 90k, so you got your 90k back plus 38k as " profit" that is not taxed.

This rekindled the BRRRR strategy or investing in non-distressed properties with 20% down conventional loans.As money becomes more expensive and the retail market shifts, investors will have to find new opportunities.