Here is my post from back in oct: https://www.biggerpockets.com/forums/49/topics/1210614-the-f...

Thanks Johnny for the encouraging post! 

It seems, obviously, that the method is strongly focused on the refinancing of the property post rehab.  

More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.

Post it on fb marketplace and boost the ad and I am sure you will get a million messages but don't make your ad sound like a motivated seller.

Originally posted by @Jim Y.

I see the original post was made almost 3 years ago, so I’m definitely curious how your perspective might have evolved given the market’s ups and downs since then.

other than the constant warnings and warning posts I dont think you can expect BP to be the gate keeper for Guru class's  keep in mind some folks do succeed and the cost of a guru package to them was one of the best things they ever did. 

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….