A solid exit plan reduces the risk of default.Check Their Liquidity: Even experienced borrowers can run into trouble if they don’t have reserves to cover unexpected costs.

If it does and you can't rent your house traditionally without covering $1,000 a month in costs, and you can't sell because the value isn't there, then you're in a pretty frustrating situation. 

You could structure a win-win situation where Investor A (the seller) gets his proceeds to cover the work on the remaining properties, while holding the note for you.

My wife and I can cover $75,000 or so, but we would need a loan for the rest until we can get a SBA 7a after closing.

Currently, less properties are qualifying (or lower LTV being offered) due to the rental income not covering the mortgage loan plus expenses.

Figure that out and you'll have a roof over your head that pays for itself while you accelerate savings and repeat in 1-2 years.

Could be a new roof, HVAC system, or new kitchen along the way (all of which could certainly add equity to the home irrespective of the year it was built).  

The problem is that you have to accept the dog but the insurance carriers do not cover bites from Pitbull's.

Assets identified in this study include:Building Systems: plumbing, HVAC and electrical distributionInterior Construction: flooring, drywall partitions and ceilingsStructural Components: doors, roofing, windows and wallsPermanent Fixtures: emergency lighting, restroom fixtures and signageThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

- For those who build in phases, how do you structure budgets and plan cash flow to cover extended construction timelines?