October is a popular conference month since the weather is usually nice in most places (including Vegas!)

.: I didn’t realize the closing statement items were handled a different way and not included on the SchE.

@Adonis Williams, you've received great comments: It depends on so many things, including FICO, LTV, type of loan, etc.

(myself included).

Its pretty specific to Oregon I dont see these in other states i build in.. although it could just be included in the settlement statements as a matter of course..

Quote from @William Christiansen: Quote from @Charlie Hardage: @Carlos SilvaYa, it definitely works depending on your cash flow and numbers.

It seems like there's an issue at least once a month that I must pay for, on top of trying to budget to fix several leaks (roof included), radiator not working, no shower in one unit, etc.

Purchase price: $640,000 Cash invested: $220,000 Purchase price $640,000Got it at this price because there is a non-paying tenant in unit 2 (rent value $3,500), we're in court Rehab $60,000All in cash (rehab plus down payment) $217,500Rehab included ground level basement and 2 parking spot drivewayMonthly cash flow $1,500 ARV $950,000Equity $470,000Refi cash out (August 2024) $150,000 (used to buy new rental)New monthly cash flow breaking even (non-paying tenant still in unit 2)New equity about $200,000

While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.

And thats not including how long it takes.