The other thing I have done especially if we are approaching winter months is just tell the insurance company that we will have them done in spring.

However, I made the decision when interest rate was lower and there was support for an appreciating real estate market.

There are many markets that fit this description.

Which was surprising because when I bought it, it was on the market for over 4 months.

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

Hi Everyone, my name is Carlos I’m from Toronto, Canada. I’ve invested in property in Vancouver and Toronto but have recently decided to take the plunge into the US. Hoping to connect with fellow Canadians that have i...

Your approach here has definitely given me a lot to think about in terms of spotting hidden value.Curious, with the deferred maintenance challenges you faced, was there anything unexpected that came up during the rehab that you’d approach differently next time?

Our community is actively identifying and investing in off-market deals, sharing the cost of virtual assistants and direct mail, sponsoring deals, investing our own capital, and having multiple group calls and webinars every week with institutional analysts, real estate and SEC attorneys, regional banks, private lenders, and other experts specifically to discuss and analyze deals within the community.

How long are you planning to do this approach?