As part of the renovation, all of these were remedied however the violations were not cleared as I suspect the renos were done without the full permitting.The purchase agreement had a requirement to clear the violations prior to sale but the Seller and I agreed a fairly substantial seller credit to clear the violations as it was recognized there were risks around the renovation work and potential non compliance with permits that I may have to remedy.

This transaction showcased our effective strategy and project management, resulting in a substantial profit.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

If a tenant is substantially under market, I may exceed that 5% mark but probably raise it by no more than maybe 10% max.

PennyMac) pull in substantial revenue from their government mortgages.

Homewyse.com is a good source to get costs for individual repair items based on zip code if you need them for your spreadsheet.  

@Wayne Brooks this is a very old one.. there was a guy in 'Colorado who had a huge internet presence and had the same deal... he got indicted and put out of business maybe someone will recall his name... when he was going big.. you would see 5 to 10 craigs list ads all saying the same thing we buy notes.. then you talk to the individual and they knew nothing about the business and read from a script..

These updates modernized the home, improved its curb appeal, and substantially increased its market value.

More then 36 units can be built on this site<"an individual building couldn’t have more than 12 units under the proposed zoning.

So in order to get private funding for my next investment property I needed to register an LLC as they don’t lend directly to individuals.