Our partner, Jamari Spruell, identified the property as an off-market opportunity, allowing us to avoid competition and secure a favorable price.

One of the requests was that I get an official invoice for any outstanding balance for each property.

Both record owner and equitable owner need to consent to the new security interest. 

With that kind of fico score, you would be able to secure a rate that is competitive if not beating conventional investment property mortgage rates.

It’s important to confirm that your lender is aware of your plans and that it won't affect your ability to secure favorable terms.If you are planning on using hard money to finance the deal, please keep in mind that most hard money lenders out there have a hard stance against owner-occupancy.

Ken, it’s not official - I’ve just been looking at various recent sales on Zillow and comparing to sold prices of the same property in 21, 22, and 23.  

If I let them go can I keep the security deposit until I find a tenant?

Secure pre-approval for the second mortgage or HELOC before committing to the builder to ensure a smooth transaction.

It sounds like a security deposit trap.

Do you enjoy the security of your cashflowing duplex that doesn't need much maintenance?