Little background behind the door: It's a MDF cheap one you buy at HD or Lowes. 

It's like the 70% rule, you can use it to narrow down 100 deals to 30 deals to dive deeper, but you need to know estimates per house..

There are a ton of complexities with properly repairing a fire damaged house....they sell really cheap for a reason.

My 2 cents but I would rather buy it and put $60k and finance the $240k at 7% than $175k at 4.25% and have to deal with a wrap etc. 

More traps, patch up holes, tell your tenants to be extra clean when dealing with food. 

The foreclosure process is not cheap or fast.

I included a link below to your state's association with all the requirement info.Keep in mind that getting into Real Estate is not a cheap adventure. 

Non performing assets are why the notes are so cheap and give great returns. 

I'm starting my first deal and got on the call with the agent and ended it with a deal with me making almost 5k but after this idk what to do, we haven't signed a contract or anything but getting to and and I just need someone to be by my side for this, I'll throw you some of what im making somehow but I just really Need help

Hi everyone,I’m curious to know how others in the community handle gap funding in their real estate deals.