It's never worth it to cut corners on permitting because it will cost you far more in the long run.

It’s not worth chasing people around for a buck in my opinion.

Land that you're not personally developing most of the time falls into two categories - either you're speculating that development is coming that way, and will increase the demand for the land, or you're changing the current permissible use of the land in such a way that it will be worth more money now or in the future.

If that is the case then you may just need to be realistic about what it is worth - cash buyers are usually investors and there has to be enough upside for them to make money.Have you talked to your realtor about the feedback received from people that have seen the house?

The rehab estimate seems very low and the ARV seems really high in my opinion, just based on a tiny bit of research looking at what this property was listed for recently (it hasn’t sold), and what the surrounding similar properties are worth (~$250k).

Some portfolio or private lenders may waive this rule, so it’s worth exploring.While waiting for the 6 months, finalize renovations, stabilize the property with tenants, and ensure all paperwork (leases, receipts) is organized.

It is absolutely possible to not have your own money in if you have a proven record or can some other way prove that you can make your money partner an amount that is worth their risk.

@Godsheritage Adeoye And for anyone else considering this... in Baltimore City you need a current lien certificate to record a deed.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I wouldnt develop anything but sitting on it could be worth waiting to one day add new units/condos or a larger multifamily partnering with a developer. - half of parcel can also be sold off as only one half has the SFH and ADU on itOwner is quite firm on the price.