Purchase Terms: Clearly outline the terms for your brother to purchase the property from you, including the timeline and price.To minimize the financial burden on your HELOC, refinance the property into a traditional mortgage as soon as possible.                                                                                           

With that said I am looking to do minimal work to renovate the home such as painting and adding new appliances.

If you’re set on a duplex with minimal rehab, an investor focused agent should have a strong network of contractors who can give you quick quotes, so you don’t wind up with any pricey surprises.

Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.

This allows new investors to gain experience while minimizing risk and maximizing returns right from the start. 

, I really need to keep it simple and minimize risk since I live abroad.

The Bayport Dr deal intrigued us due to its market-ready condition, favorable purchase price, and high potential for profit with minimal effort.

What if A brings downpayment and B will manage it and minimal rennovations are needed.

This property was a foreclosure auction purchase, so minimal information was known.

While we faced minor delays with contractor scheduling, strong project management minimized impact.