Our goal is to purchase 1 property a year for the next 10 years. 

I'm currently in process of purchasing a home in Kyoto, Japan and wanted to connect with other US Citizens who also own investment properties in Japan.

Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

So you wouldn’t get any depreciation on your new purchase assuming you only spent the $450k.

Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.

Will they finance 100% of the purchase and renovation or will they want skin in the game (you putting money in).Most do not do 100% funding so beore going down more rabbit holes, make sure you have the $ aspect situated first.

I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..

I have a hard money lender established to cover 80% of the purchase and 100% of the rehab, so my capital partners would be covering:20% of the purchase priceRange of $30,000-$50,000 cost of capital25% of the renovation budget (to kickstart the project while waiting for reimbursements)$25,000 contingency padAny tips would be great, and if you happen to be interested yourself I can send you more details.

As an investor and a commercial real estate broker I would not expect a buyer  to spend a dime on due diligence unless the buyer/seller come to an agreement on a purchase contract.

BRRR is you buy a home in a neighborhood that needs work, fix it up rent it out, then roll some of your equity gain into the purchase.