Hard Money and Private Money How did you add value to the deal?

@Mike H.I would find private money to buy this, or as the seller to hold a note, with no payments for 3-6 months, for you to lease it up.

You would need to file a proof of claim for the monies owed and hope you secured it by a deed of trust.

Leveraging strategic market appeal, we turned it around the same day, securing a sale at $160,000.

The fed did lower rates more or less directly in 2008 when they started buying agency mortgage backed securities which sets mortgage rates directly.

Do you have to keep the security deposit in a separate account?

Also look at having a security alarm and cameras put in.

All three generate leads from insurance claim residents and traveling professionals (medical and the trades).One of the advantages of FF has been that it's forced us to have systems in place to create leases, accept security deposits without co-mingling and provide "live" customer service. 

By leveraging our financial resources alongside Ron's contributions, we were able to secure the property quickly and allocate funds efficiently for the $25,000 renovation.

By highlighting my ability to close quickly and my plans to enhance the property's value, I secured favorable terms that fit my investment goals while laying the groundwork for the broader development project.