It sucks to live in a job site, but you can go slow and conserve cash as opposed to renovating the entire place on a deadline to get it rent ready.

There used to be a lot of meetups, maybe two a week but have noticed a drop in the frequency since the market has slowed down.

Without knowing how much of the renovations you were planning on doing yourself over time versus how much you were wanting/needing to finance up front, you would also want to talk with potential lenders about what loan products they have which could incorporate both the purchase price as well as the reno costs into the loan package.Hope this info helps get you pointed in the right direction - definitely keep us updated as you move forward with this project though!

Also you will likely have way more options on lenders and loan products.#2.

You should look into DSCR Loans - many investors like yourself typically move to this loan product once they max out with DTI/qualifying conventionally - a bit higher in rate than conventional mortgages - but no DTI ratio or tax returns/income verification makes a much easier qualification process and LLCs are 100% ok (even as sole owner) and actually often preferred.PS - published a 10-part article series here on BP last year on everything you'd want to know on these loan types - sharing links below, hope it can help!

can utilize the no income no doc DSCR loan which works beautifully and can take upto 80%  Really think we should stop using "no doc" to describe DSCR Loans - really isn't accurate and adds unneeded stigma around the loan product What types of "docs" do you require for a DSCR loan at easy street ?

@Allan Wu take into consideration that tenants are not going to be as careful as you would be, so make sure your lease states no flushable wipes, paper towels, feminine products, etc., that easily clog and that they’re responsible for repair if used.

I work primarily in Buffalo and Rochester, and I am seeing the market slow down since the beginning of July.

We want him healthy and whole and productive.

We use a lot Zep products on our houses. https://www.menards.com/main/p-1642874257675632.htm?