What strategies have proven successful for you in finding and securing profitable deals?

The buyer transfers title to the trustee who holds it as security for the loan.this is what Chat GPT said about it, of course ask if this would have to be corroborated with an attorney in your particular estate:In Texas, a performance deed typically refers to a type of real estate contract known as a "Deed of Trust."

@Dominic RichardsonPrivate money lenders typically want a property with great potential and an LTV that secures their principal.

Having a 24 month term on the front end will also make my job easier doing the take-out loan when it's time to refinance into permanent debt, because there's room in there for a full year of tax returns to have been done in the middle (if your exit plan is to sell, it'll also make it easier on your buyer who will presumably be willing to pay a higher price if they can get an A-paper good mortgage).Ask for a 24 month term, tell your contractor you want it done in a year (and make it financially worth their while if they can pull it off), internally/mentally plan on 18 months, and I'm putting you on notice now to do your tax returns on time, rather than extending them (don't fight me on this, please just do it).Trying to get a renovation mortgage like this for only 1 point is likely a waste of your time, but if you want to ask, after you've secured the above as a 'done deal,' go for it, can't hurt. 

In 2-5 years we will have moved into new property and secured a renter to cover mortgage in the existing home.

**Lower Initial Prices:** Buying early often means securing a unit at a lower price compared to completed properties.

Would you rather purchase a property prematurely, not have enough funds and suffer from consequences or be financially secure, ready and then go for the right deals with safety/security?

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

I would suspect that these companies did not decide to go vertical when they were cash-strapped, but in a position of financial security to take on this new risk.

Secure rental property insurance then cancel your homeowners insurance.