Plus, they can give you the lowdown on the whole process and help you every step of the way.You've got this!

That’s the lowest hanging fruit in my opinion. leverage the lenders money and have great cash on cash returns… move out after a year and then repeat the process.

Strategic timing and market research played key roles in the negotiation process.

@Brian Chadwickno need to sell - why not refinance?

A variety of things could have caused this.That said, what you've described above is not so untypical in terms of the steps of the process for a fix and flip loan.  

If you dont need the leases it can be nice because as soon as you get near completion on your rehabbing you can get your disclosures out, esigned, start your appraisal asap, and get the process moving quickly versus waiting around for tenants, lease ups, and all units to be rented.Best of Luck ~

Would also love to connect with anyone who already invests there, or is in the process. 

Would love to touch base with you to hear about the process you followed when you purchased a rental with a TSP loan

It has taken four months.Unfortunately, when probate is involved, the process can absolutely drag out.

That is what 1% of the $40,000 down payment costs were from when we refinanced it and started this process in Jan 2022.