If you need help with landlord laws, house backing strategies, or traditional MTR investing specific to New Jersey happy to help.

Quote from @Austin Ralls: Good evening BP Community, Can anyone shine some light on the rules and regulations on striking conversations with local pros and acquiring more PML to help fund deals? 

I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes. 

This helped our CPA know exactly what transactions related to the house.

Quote from @Nick Rivers: What's the best content you've found to help you learn how to underwrite these deals? 

I can help you with accurate rent expectations.

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property? 

Not only will you not be able to renegotiate after getting the approval, but documentation of condition issues will help you to get a lower appraisal to begin with.Be prepared to move fast after the approval letter is issued.

Appraisals are backed up and on the right timeline of investor deals, every day counts when you need toBeef up the appraised ARV to get a healthier LTV.Hope this helps!

Let me know if I can help with anything.