We originally purchased side-by-side lots in this neighborhood for $68k from the local MLS.

OLD stock yazoo clay and houses that originally were built as cheap as you can build .. of course not all but a vast majority of what you folks buy for cash flow rentals.then  on top of that a VERY tough tenant base and that market can really frustrate folks I owned over 200 of those and the happiest day of my life was when my partners bought me out for 4k a door.. done gone and good luck lOL

We are also going to move our original condo into a trust.

And continue to do this for 2-3 years with that original 20%.

Most loans originated by direct lenders are sold on the secondary market.

Originally posted by @Bruce Lynn:I've had Jose Lozano at Best Conracting and Remodeling do some lighter work for me over the past couple of months. 

If you refinance the property now the loan would be $100K at 20% down and $80K would have gone to repay the original loan.First, if these are your numbers for rehab cost and after repair value, it is probably not a good deal to begin with and you shouldn't be doing it.

Originally posted by @Pam Lehr:My experience has been everything I expected. 

I originally bought this 40 unit apartment complex in 2021 in Nw huntsville, Alabama and since then we've maintained a sub 10% vacancy rate year over year.

List to Close decreased 3.6% to 80 Percent of Original List Price Received- decreasing 0.2% to 97.8%.