Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).

The free marketing is not effective in a competitive market neither is the marketing strategy.

If I have to buy a last-minute ticket or spend $1,000 or so for notarized signatures at a consulate, then it has a significant effect on my choices.

We currently work with many clients who do Cost Segs and using that STR loophole!

We also signed a “Notice to Terminate” which states "The property management agreement shall terminate effective May 14,2024.

I’m estimating renovation costs at around $150,000.

Did you investigate the history of heating costs before purchase?

And they execute their investment strategy/model (develop, resell, hold, etc.) effectively to generate a return and/or equity and make a living.

It was in rough condition, which limited competition and made it a strong candidate for the BRRRR method.Negotiation: After analyzing comps and repair costs, I negotiated a $420,000 purchase price, which was below the market value for similar properties in the area.

when you purchase a property, there are closing costs on top of the purchase price, and closing costs can be substantial - especially if there are points on the loan.