Yes, they sometimes ask for extra types of security if they're worried about the borrower's ability to repay.

Quote from @Seo Hui Han: Quote from @Caleb Schoepp: You'll get crucified by the folks that say make your tenant pay it for you.

(Insert hollow apology, repeat the one compliment and how it means you have some grandiose company culture cultivated by YOURS TRULY, in an attempt to reassure future investors that "this investor, [despite his ability to understand simple numbers about investment returns], just doesn't get it.)"

)  - 60K in cash for downpayment +more for renovations- Strong local connections with contractors of all trades - Ability to get building materials at cost through family/business connections- Have a strong eye for style and design (Tends to lean on the high end of things as that is my business)  - 750+ Credit.

While it’s possible engaging in one of these programs can shorten the time required to become a “power” agent considerably, it also may be a gigantic waste of money if marketing efforts are engaged without waiting for the all important test results.One popular career tract being offered in collegiate business programs across the world right now is marketing data analytics - analyzing the results of test marketing campaigns and applying/interpreting these results to form an effective and profitable marketing program.The other choice is to engage one of the many companies that will set up a generic real estate agency website for you, with the usual stock photos as well as MLS feed, create a blog and tie it to the new website, and start posting information and answering questions are various social media sites.After getting your feet wet, you can purchase services such as SEO, or a PPC campaign, on a a la charge basis, and track the results using one of many analytical programs available online.

Your analytical abilities as a software engineer can be useful in assessing characteristics and financial data.

Using ChatGPT or other AI will help with SEO in your posts to increase engagement. 

It's not only the rehab but the ability to market and sell the property before the balloon payment comes due. 

From my experience, a person typically has to mail out thousands of letters to get a small response.Out of the small response a person needs to be able to know how to structure and the ability to close the deal.

IN about 2 years or so I will be doing a Bill Gully and retiring from BP..