While your property management companies provide monthly statements, having a dedicated account will make it easier to track transactions, verify statements, and manage cash flow.

Most require skin in the game on deals and work like this:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Pay for a home inspection and cross reference your bid with that.

It's usually best to separate the attorney drafting the agreement from the title company closing the transaction if possible

Consulting with a real estate attorney or financial advisor who understands trust law and real estate transactions could provide valuable guidance in navigating this decision, ensuring it aligns with the best interests of the trust and its beneficiaries.I hope this helps you out, good luck!

Our manager, Ashley Hatten, has been extremely cordial and helpful in our pursuit of transactions, and in the followup management operations. 

Casual conversation can also lead to understanding how they view the potential transaction in general.

Typically the transactions is closed in an LLC and members will need to have at least six months PITI in reserves, sometimes for each property they or the LLC owns..So what about rates?

Crossing my fingers all goes well.

Hey Kyle,Curious what loan you used for this transaction.