Bring in more money by charging extra rent and taking care of it yourself.

Hey whats up Patrick I’m a general contractor in middlesex county and my company has been buying flips in Essex and middlesex since 2017 It’s a great idea to expand and start getting into flips My advice would be don’t worry so much about the region your buying a house in besides being careful of flood zones but other then that just make sure you can add value to the property because as you know it’s insane in jersey now.  

Refinancing will kill you in fees if you are not careful. 

I do not like this as obviously if a business account is only accumulating rent from 1 property, it wouldn't accrue the cash in each as quickly as it would if all of the rents were funneled into one account.. and it makes paying the bills a bit of a pain on each of the properties as I am having things done to the properties, lawn care, etc.. constantly has me making owner investment deposits into each to cover initial expenses associated with the properties.. etc. 

Rates are coming down, but in that price point most buyers will be coming with cash or don't care about the rates as much. 

So, who cares about the school? 

@Anna Sarvis, I understand the property they were first looking at is likely no longer available (likely because houses fall out of contract all the time).There are a lot of ways to skin this cat.  

Don't really care one way or the other about the issue. 

However, navigating the legal and financial complexities of Subto deals requires careful attention, so I’d recommend working with a real estate attorney to ensure everything is structured correctly.Securing private money for the closing is a smart move, but ensure your terms allow for flexibility in case of unexpected repairs or delays in cash flow.

But in this care, you're not.