Request a full handover of tenant files, maintenance records, current lease agreements, rent rolls, and security deposit information.

Just make sure the contracts are solid and everyone is on the same page.Would love to hear if anyone else has faced this challenge and how you managed to secure your EMD without upfront funds.

I am new to flipping, and haven't yet secured my contractors - just looking to do some cost analysis.A.

It's gonna take 30-45 days to secure financing for anyone, unless of course they're using all cash.3/2/1 prepay only works against you if you decide to refi in the next 24 months. 

There should be questions about the rent amount, due date, lease expiration, security deposit, who pays utilities, and who owns the appliances, at least.

The mortgage is secured—or collateralized—by the house, the buyer’s name goes on the title and the mortgage is recorded with the local government.2.

By consistently offering work, you may be able to secure lower labor costs.Source Alternative Materials: Explore alternative or lower-cost materials that still maintain quality.

You typically have 30 days to send the tenant a letter detailing the cost of any damages against their security deposit.

With everything pretty much being new I feel reasonably good and have somewhat of a “it’s meant to be feeling” with the original buyer struggling to get the funding together to complete, allowing me the opp to finally secure.

Ensuring the safety and security of my guests and property is of utmost importance to me.