@Kyle Lamhypothetical example with simple numbers - you buy a house for 100K and fix it up for 50K.  

The ROW @ Dietz Elkhorn is a 27 duplex community between San Antonio and Boerne.

Looking forward to exploring the area and looking for more investments around the area.

Lenders: What do you love about the mortgage brokers you work with, and what frustrates you the most? 

I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.

i fyour getting paid off when the vertical loan goes on.. then your in first position . so not sure what the issue is? 

LLCs are normal for CRE, so you divvy up the ownership interest how you and your capital partner(s) see fit.What's your specific question? 

The problem I always encounter is, you own the project for life.  6 years later they will call and say, "you remember that doorknob you installed?". 

@Marc DeLeonibus Hey Marc, I did not end up purchasing the property.

Successfully acquiring, renovating, and selling multiple distressed properties can significantly boost your returns, but it also comes with its own set of challenges.