Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

It is also the seller's fault for accepting it, they full well knew this was not right.If you were to file for eviction for non-payment of rent, you'd probably win.

Through a hard money lender, but I will take out a DSCR loan in March to refinance.

One way to save some money, especially if you are local is to split the job. 

@Pranita Maldikar Unless the seller is a family member or personal friend, I'm not sure why you'd want to put that much money down on the property.

Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).

You can still make money on flips here though. 

If there is no explanation, ask for one]Why on Earth is YOUR LLC owed money by 200 Walnut Street LLC?  

Having a vacancy costs money!

Pretty easy to make 2% or more when you're spending that kind of money.