@Rudy Manna what was the initial reaction of the tenants when you approached them about the change?

I would fall much closer to your initial thought of $1,000 to $1,500.

Hi Melvin,Origination charges = 0 [Covered completely with lender credits]Services you cannot shop for = 2725 [This is the VA funding Fee]Services you can shop for AKA title work = 1723Total Loan Costs A+B+C = 4448Taxes and government fees = 3279 & G Prepaids and initial Escrow at closing = 10007Total cost including escrow = 14455

The property's initial condition provided a strong opportunity for improvement and profit.

To get a B-Class that cash flows is all about the initial purchase price and the amount of leverage.

If its vacant, i'll open it to STR with a short calendar window, which is where the King will come in handy as well - Going from queen to king bed doesn't really create that much of an increased initial cost, so I'm just looking for things to stand out.

>>For showings, do you have to do all the coordination on showings outside of initial contact with the agent?

I am wanting to do a cash-out/refi on a property CRA is auditing my 2022 taxes, bank won't initiate an application if taxes show owing. 

Last year I paid cash for an 8 unit value add that initially wouldn’t qualify for financing.

Hi Michael, This answer depends on the initial purchase price, rehab cost spent, and the ARV.