Part of the investment thesis was getting it for a bargain, then building an ADU complex on it as affordably as possible, getting it to cash flow, and realizing value on both the rental income but also property appreciation given the work going into it.If the property will really only be worth ~$1.70M once we are finished, I will likely just stop the project now and exit the house as soon as possible.If you do not get dollar for dollar for projects such as this, how would house flipping ever work?

So essentially whom ever is paying them or they single out is the lender you get stuck with and it may not be the best one.

Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

If you ever need help, I’m happy to assist!

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

should a private lender ever ask for a 1% insurance paymentBefore completing a loan?

I work with several of out-of-state investors too, so let me know if you ever want to chat more about the area!

In absolutely no way would I ever depend on such a broad analysis to ultimately determine my decision.

If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.

Quote from @Jordan Ryan: Joe Fairless - Best Ever Apartment Syndication Book, A-Z with everything you could possibly think of about starting and running a successful syndication.