.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.

Make sure to research local rates for cohosting and management services to stay competitive.If you're doing this as a side gig or part-time job, it’s essential to time block, create systems, set expectations with property owners, and establish boundaries to ensure a smooth experience for everyone involved.We opted not to pursue rental arbitrage for two key reasons: dealing with landlords and the significant upfront costs to set up and run a profitable STR without the benefit of property ownership.

Networking is going to be key.

. 🎉 I’m still finalizing things with my lender, but before I move forward, I want to be 100% sure I’m covering all the key steps.Here’s the checklist I’ve put together so far:Home inspection – to catch any hidden issues.Appraisal – to confirm the property’s value matches the offer.Financing contingency – securing my loan approval without surprises.Title search – ensuring there are no liens or legal issues.Seller disclosures – reviewing any known problems upfront.Neighborhood research – making sure the area fits my investment goals.Are there any crucial steps I’m missing or anything you think I should focus on more?

Perhaps not the best example, but  what you are doing is no different than a medical patient who walks into 6 doctors offices with a broken finger asking to be treated with radiation.

Lastly, while looking through the County Court Record I found a dismissed Eviction record filed this year Feb of 2024 on the prospect, the address listed on the record for the prospect (Defendant) is the current property they reside in but found another management company (RENU Property Management) as the plaintiff (this one was easier to look up as it operates nationally in several states).I usually have no problem with this as prospects usually reside in a known management company serviced in the area (Most are the typical corporate rental companies like First Key and Progress Residential, and some with the more known local management companies.).

This is an example option if you are okay with being picky about what you want, patient, and really need the privacy.

@Oladimeji SonibareThe issue in simplification is this - >Specifically, when it comes to "foreclosure," I’m not as experienced in that area (honestly, I’m more of a Google Ads guy than a Facebook guy).However, the key is to position yourself as the buyer who can purchase quickly, with cash, and without any hassle—essentially the classic approach of a wholesaler or investor.and in that way your in the white when it comes to the 'legal' aspect of it.I wouldn’t claim to solve these deeper issues directly through the ad creative.However, you can address these concerns during a phone conversation if the issue comes up in your screening process with the seller.

Personally, I try to do cash for keys to get them to leave.

Continuous learning is key.