How did you finance this deal?

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.

3 seperate buildings, parceled as 3 seperate addresses so investor can get single family financing on this, is that correct?  

Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different. 

Our analysis is ARV - Rehab estimate - Finance Costs - Holding Costs = Profit.  

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

LLCs tend to be beneficial for financing options if using hard money as it can be required depending on the program.

I couldn't afford the entire payment at the time and I had to use their creative financing to split it out over six payments per month.

Or like California a RE Broker like myself or Consumer finance license all which are regulated by the state .

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.