The "grip strips" tear when pulling up existing flooring which made the repair a challenge to say the least.

If not, leveraging existing real estate agents would be a great way to get more deals.

Hey Malcolm, debt financing shouldn't be an issue; with a DSCR loan, you can borrow within an LLC, and it does not need to exist for a certain period of time.

Just my 2 centsTo answer the question if it’s a tear down you need to understand the comps In That area and the cost to remove the existing and rebuild - where many go wrong with rebuilds is they assume best case construction and holding times and time is money especially if using a construction loan.

Also would you happen to know a general cost to refinish existing cabinets?

We're able to afford the place as a 2 flat, but still pondering legal options for monetizing the garden unit, if any exist. 

It's a term made up by Pace Morby to do escrows/act as a real estate agent and to circumvent any existing escrow agent fiduciary and legal requirements in closing Subject To Transactions.

A few years ago I was looking into Masters in RE development programs, for knowledge and for a credential that could be used to work under/partner with an existing developer.

We stayed with tenant cloud and are doing quickbooks online to fill the gaps in tenant clouds accounting software.The features that doorloop did not have that we needed: (They did say more features were coming, but these didn’t exist when we did our onboarding.)Doorloop has no way to list and advertise rentals.

not in any market. there are DSCR loan coverage on plenty of deals. we build ground up I could send you a lenders underwriting of the triplex we build here that someone can get a full return of capital on within 8 months. that's in columbus. maybe not buying existing, just change your strategy. open your mined. go to some conferences. don't buy in bad locations. we are doing deals within 1 mile of the urban core of columbus all day long. land here is a buyer's market there's more than 6 months supply and it's 22 times cheaper than land in miami fl where I also do deals in.