Paint rags and paint plastic $386.66 Initial 70% deposit Cabinets $13,029.02 Backer board, Fiber rock, Shower drains, Zinc backer board screws $385.71 Junk Removal $600.00 red gard ($123.10) Initial 50% deposit Windows $10,493.20 2x4 studs $52.33 Junk Removal $400.00 Flooring sample $6.01 Flooring sample $68.48 Flooring sample $62.62 Flooring sample $132.09 Paint samples for accent wall $38.34 10% Draw for Master bathroom demo $580.00 Wall and shower Tile+Grout-Guest bath $528.62 LVP Flooring $7,165.27 Demo Work $1,275.00 LVP Flooring $7,198.07 Floor tile-Guest bath $889.05 50% down for moisture barrier and animal extraction $2,541.30 Returning flooring samples ($263.19) Paint-2 5gallon buckets SW $382.38 Unsure on what these are $19.54 Unsure on what these are $48.00 Master shower floor tile $331.42 Paint $3,100.00 Flooring underlayment $888.42 Primer $178.71 Paint-5 1gallon buckets SW $180.26 Paint $3,100.00 Appliances $6,820.59 Master bath tub $986.76 Paint-1 5gallon buckets SW $194.81 Primer $268.54 Framing repair for rotted wood $1,000.00 Junk Removal $500.00 Floor tile-Guest bath $771.07 Floor and Shower wall tile-Master $4,559.43 Stair noses $334.20 Master shower floor tile $612.76 Farmhouse sink $385.91 Master ceiling paint $254.29 Drywall repair in kitchen ceiling $500.00 Childrens wall tile and floor tile $3,477.40 Master shower floor tile-Return ($331.43) Drop in sinks for children's bathroom $103.75 Drop in sinks for upstairs bathroom $51.87 Master sinks $147.64 Master floor tile $270.05 Electricity $169.70 16x cement backer board return ($139.60) Tub and shower faucets $414.96 4 x Toilet seats $788.22 Tile install materials for all bathrooms $863.00 Air filters $10.90 Gas pipe and AC tune up+Duct repair $1,216.00 Tile install materials for all bathrooms $984.78 Roll of insulation X2 $38.48 Primer refund $125.33 Shower faucets X2 $480.71 Water $11.41 Master shower floor tile-Return the original white one ($261.55) Demo and materials he bought $1,005.14 Pickup charge for picking up flooring $223.96 Flooring 1st payment $4,000.00 Flooring return-guest bathroom tile ($889.05) Red guard refund $71.34 Backer board, wall tile and floor tile upstairs master return ($134.34) Keys X3 $10.93 Remaining balance for moisture barrier $2,046.30 Subfloor repair $100.00 Flooring $9,900.64 Master tub filler faucet $311.35 Tile labor in all bathrooms $9,202.22 Stair treads and risers $1,160.76 Bathroom painting $2,000.00 Junk Removal $150.00 Return for stair noses ($334.20) Return for flooring ($13,488.73) Flooring $1,900.00 Flooring underlayment $899.35 Trim $1,053.17 Toilet supply lines $13.46 Tile sealer, garage epoxy, garbage disposal $313.00 Return for remaining balance ($1,098.57) Floor reducer $49.99 Garage door opener $267.66 Door hardware (Hinges and door handles) $451.14 Counter tops $5,287.01 Tile return ($981.43) Tile return ($685.14) Tile return ($385.53) Tile return ($153.19) Tile return ($613.13) Flooring $1,900.00 Plumbing and electrical work (Light fix, toilets, drains) $975.00 Light fixtures and faucets $975.49 Junk Removal $125.00 Baseboards $241.45 Switches, outlets, faceplates $234.53 Cabinet balance $5,583.86 Sink return ($155.62) Dining room light and 4 ceiling fans $923.70 Anti skid additive for garage floor $11.38 Flooring $1,900.00 Glidden gel paint $24.01 Paint refund ($1,046.40) Counter tops $2,304.23 Extension rods for ceiling fans $40.64 3 Ceiling fans (one was returned) $573.93 Return grills $100.11 Kitchen and nook light fixtures $283.80 Rod for curtains and toilet paper holder $84.10 Curtain rods $54.60 Garage door deposit $1,185.00 Cleaning $400.00 Water heater $756.18 Thermostat $181.41 Stump Removal $300.00 Dryer cord $28.53 Plumbing and electrical work (Light fix, toilets, drains) $3,525.00 Junk Removal $125.00 Grass seed $71.40 Return of shipping cost ($297.45) Duct cleaning $970.00 Drains for master $46.54 Sold Fridge ($200.00) Bathroom fans $91.92 Samples for brick $29.98 Peg board hooks $20.83 Wall plate covers $21.28 Steel pegboards $140.72 Return stair tread and Riser ($198.14) Pressure washing $1,216.00 Wall plate covers $8.11 Shower door for upstairs $729.83 Powder room counter top $702.99 Light bulbs $59.24 Shower door deposit $1,000.00 Staple gun, staples, supply lines $157.04 Bathtowel hanging hardware $130.89 Light bulbs $29.62 GFCIs, underlayment, downrods ($233.54) Sanding pads $59.10 Yard hanging tools $21.94 Supply line return ($13.12) Stair clips and balusters $779.58 Returned some bathroom tile ($109.05) Peg board hooks $120.04 Front door $3,235.01 Brick sealer $50.81 Bathroom fan light and peg board hooks $71.27 Sanding pads, sanding sheets, etc $38.48 Mirrors $65.84 Mirrors $291.88 Spray bottle for marble sealer $4.34 Brick backsplash $695.54 Sanding pads $2.20 Shelves and shelf brackets for storage room $73.14 Shower door balance $1,000.00 Mirrors $104.26 Returned mirrors ($89.50) Gutters $2,043.15 Floors for finishing room $373.78 Wall plate covers $8.07 Floetrel and hood vent $31.49 Plumbing and electrical work $175.00 Backsplash and fireplace $2,450.00 Trim paint $50.21 Tile for master finish $15.17 Returned something.

These people have been labeled as "motivated sellers."

This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

Several of my investor clients have dealt with similar situations in North Carolina, and here’s my take based on those experiences.First, you’re right about the legal framework: NC landlords must make reasonable efforts to re-rent the property, but tenants remain liable for the rent until a new tenant is found.

@Aristotle KumpisWe do 10+ Flips/BRRRRs annually and fund with Hard Money and Private Money.Hard Money will fund 90% of the purchase price and 100% of the rehab on a draw schedule.Our Private investors will fund the remaining 10% of the purchase price, the first portion of the rehab (to be drawn later from the HML), and the holding costs.Of course, with private lenders, you must give up equity or a return on the debt.

The interest rate and loan term remain unchanged.Fees: Most lenders charge a fee for recasting, typically ranging from $100 to $500.

The condo I'm selling in CA could sell for approximately $600k, and I was thinking of rolling that into 2 condo/townhomes valued at about $250k each, then doing DST for the remaining around $100 for the 1031.

What's your motivation to get into real estate investing? 

The demand for student housing in this area remains strong, driven by the presence of Texas A&M University and its large student population.