Since we were in it for the 1031 exchange and it was still a deal, we still followed through and close the deal.How did you finance this deal?

I would imagine the bigger loan origination companies out there who underwrite like robots because they are lining up the sale before closing  will be the exception and require those docs up front. 

We are looking for companies that OWN and are accountable for the full end-to-end process including purchasing, rehabbing/build, post-close property management.

When offers come in, prioritize pre-approved or cash buyers for a faster closing process, negotiating where needed to maximize your profit.Finally, conduct a post-sale analysis to evaluate your financials, noting how actual costs, timelines, and profits compared to your initial projections.

Long story short, if you use an FHA loan to buy a property, you need to actually use it as your primary residence (move into it and live there) shortly after closing and continue living there for a year or so.

Purchase price: $242,500 Sale price: $430,000 I used private lending to cover the down payment and closing costs, then paired it with a hard money loan to fund the project.

I picked Las Vegas because it’s close to me and California is out of reach. 

Hello everyone, first post on BiggerPockets and I have been reading up on REI for quite some time now and getting close to jumping in.

These funds can cover the down payment and closing costs for your next property.3.

I've been doing rentals for close to 20 years and I just learned a new trick that some people probably already know about but it wasn't something I'd seen before.