There will be a promissory note drafted for the amount and the duration and interest rates.Is there a risk involved? 

But 99% of the time they are so unknowledgeable I can smell it from a mile.It's worse in the Multifamily world, they are getting bold (and rude) by taking a broker's package, stripping the logos and contact details and passing it along to potential buyer.

How SB-423 Accelerates Coastal Development: // Faster Permitting ·For projects with 150 units or fewer: - Eligibility Review deadline: 60 days from submittal - Approval deadline, including Design Review: 90 days from submittal · For projects with more than 150 units: - Eligibility Review deadline: 90 days from submittal - Approval deadline, including Design Review: 180 days from submittal · No public hearings or environmental impact reports for qualifying projects // Smarter Development Rules · Excludes high-risk areas, like those prone to sea-level rise · Ensures projects meet affordability and public investment requirements // More Housing, Less Uncertainty · Projects stay approved if at least 50% of units are affordable and include public investment beyond tax credits · Opens up new opportunities in previously restricted areas · Clearer guidelines help developers plan with confidence

Purchase price: $293,000 Cash invested: $293,000 A location that has potential to develop into a residential super power with excellent road connectivity to the rest of the city.

If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.

Then I would do a low risk flip ( rehab less than a few weeks) for hopefully a 10-15% profit, repeat until I have a nice down payment and am sure that I would be able to qualify for a refinance, then buy a buy and hold then continue flipping until I get to the next buy and hold - in theory, the time between each property should decrease as I should be getting capital from the buy + hold as well as I would already have my reserves built up.

In Collin County, consider properties with strong appreciation potential in areas like Plano or Frisco.

Transitioning from Individual Deals to a Scalable ModelScaling up your distressed property portfolio means more than just increasing the number of deals; it’s about creating effective, repeatable systems that minimize risks while maximizing returns.

.✔ Potential changes in loan terms – Depending on capital market shifts, interest rates for real estate investors may become more favorable.3.

More ways for Real Estate Agents to benefit from AB 1033// New Listing Opportunities:More properties to list and sell as ADUs gain condo status Ability to represent both the primary home and ADU as separate sales Potential to attract buyers looking for affordable entry-level ownership // Investment Consultant Services:Helping clients understand how to legally separate and sell ADUs Advising property owners on maximizing value through ADU sales Connecting clients with lenders and legal experts for ADU transactions // Business Development:Becoming a preferred resource for ADU-to-condo conversions Leveraging AB 1033 knowledge to attract new clients and listings