This is going to keep your bid honest, rather than lazier and keep your cash position stronger. 4) The only time you spend in this, is finding & closing on the quality assets and playing devil's advocates for repair/rehab/fixing costs.

How did it feel walking into that closing room, knowing you were about to own your first investment property?

It also gives them a bit of a buffer if there are delays with their new place closing. 

They have other nice benefits also such as not charging for appraisals if the deal doesn’t close, a great reputation amongst local listing agents with meeting deadlines/ great customer service/ getting the job done with no b.s. and they can often close in under 14 days. 

We asked the owner if we could start painting the house before the closing date...

@Sherry McQuage @Ellie Ochoa @Sugey Moreno Account Closed

If you're closing in an LLC/entity, there will be some requirements there as well.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

You shouldn't be paying any lender anything before a closing.

Although some unexpected costs arose during renovations, close collaboration with Carol ensured the project stayed on track, resulting in a successful outcome.