Quote from @Andrew Boston: Hi Bigger Pockets Fam,I paid cash for a home March 2024 that was uninhabitable and am just now getting around to rehabbing the property.

The loan would be secured by the property.

Expanding Seller Targeting – Reaching the Right PeopleInstead of focusing on one seller type at a time, we stacked multiple high-motivation lists:✔️ Absentee Owners – Often ready to sell✔️ Pre-Foreclosures – Urgent need for fast cash sales✔️ Tired Landlords – Burnt out from rental headaches✔️ No HOA Properties – Easier for investors to flip or rentBy broadening our reach while tailoring messaging per seller type, we ensured a steady flow of highly motivated leads.2.

I can keep my single family rentals which, if I am being honest with myself, pay less than 5% cash on cash and require me to manage the property managers.

Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.

We don't have the option of going off the gold standard again. 

I use a property manager there. 

Your ability to turn around a property with an 11% cap rate is a pretty strong selling point.

.: I’m currently renovating a rental property and exploring ways to manage costs without compromising on quality.

If they buy something for your property and you pay them back, it’s just like you bought it yourself—so you can count it as an expense in your bookkeeping.If they don’t get reimbursed, then technically it’s a gift/donation, and you can’t deduct it as an expense.