You’re likely to see someone want to control the rehab portion as a way to secure their investment.

I know of investors who have worked with hard money loan companies to successfully secure a DSCR loan for properties. 

Santarelli as an absolute industry expert (podcast, websites, press, social media advertisement) cause investors to have a false sense of security.

Glad to hear you were able to secure it.

I’d also prioritize getting pre-approved, securing financing, and starting small to build experience and momentum.Good luck!

Purchase price: $160,000 Sale price: $170,000 Contributors: Peter Vekselman Partner Driven and Jamari Sprueil secured this Dover Ct property in Riverdale, GA, for $160,000 and successfully sold it for $170,000 on the same day.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.

Ask them about the price but also ask if they need you to secure financing.2.

Secure your dream home and call it a day?