Purchase price: $62,000 Cash invested: $60,000 Project in progress: Off market dealPurchase: $62,000Rehab: $60,000ARV: $165,000 What made you interested in investing in this type of deal?

.: Good afternoon BPers🫡,Will property insurance pick up the tab on something like vandalism or does the policy have to contain some type of clause built in regarding this matter?  

@Terrence StarkTypically the contract to buy the new house would specify that the builder/seller would deliver the type of plans you are referencing.

The "big" firms like AA may get a lot of hype but they generally can't compete on the next level tax strategies (Family office type strategies) nor customer service as their employee turnover is quite high.  

While the same comments would apply, the previous Portuguese government enacted a law in 2023 that severely restricted certain types of short-term rental in certain areas and that law has been abolished by the new government because they realized it wouldn't solve the problem.

What made you interested in investing in this type of deal?

Probably starting out small Jaycee - SF or maybe some smaller duplex type properties.

Long term $ can range from 6's-10% range depending on all types of factors - LTV, location, unit count, debt coverage, borrower strength, full doc or lite doc programs, etc..

Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].

@Brittney YangFor the actual legal document, get an attorney.