If you want to go further, you can use a service like Safely or AutoHost to run background checks.For payments, I’d recommend using a platform like Stripe or Square—they’re secure and easy to set up.

Most are going to want to lend on the rehab as it ensures the rehab to be completed,There are numerous ways to pencil it out in your favor though.It benefits to work with an experienced broker who can guide you through the process and put you into the best possible product and solution out there for you.

It worked out beautifully... they met their deadlines and profit goals and had the break they needed.Perhaps selling one property sooner is the solution?

I'm not sure how they paid so that may or may not be a solution here...The other thing is technically your tenant owes you still, and the prior LL may be liable for fraud.

One solution could be a Debt Service Coverage Ratio (DSCR) loan.

Probably 8%+ mortgage interest at 40% down to make a safe assumption.

It is a very safe play.

Every market in residential zoning has an expiration date, we just don't know what it is yet.The obvious solution is to buy in already regulated areas with tourist/commercial zoning.The returns are lower, but at least they can't go to zero overnight.

You may pull it off.Still, there's something to be said for the critical mass, many baskets, safe-if-boring neighborhoods.

So it really just comes down to figuring out what solution works for a given market, but it's yet another great thing about real estate: having options!