Investment Info:

Single-family residence buy & hold investment in Columbus.

Purchase price: $57,000

Cash invested: $58,000

Contributors:
Angela Collins

buying up all of GA

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Instead, you will use "a guy' who will have a small crew that can knock out framing, flooring, drywall, etc.

Personally I think this all depends on how you are going to do the project:1) Long-distance option: Hire a GC and or Project Manager whom you trust to knock out the job, maybe swing by once a week to get eyes on or have a trusted source get video/pictures to make sure its going as planned.

Your prepayment penalty will knock out any short term savings with the lower rate and all of these loans have a prepayment penalty.  

I want to knock out my first SFR purchase in the next 3 months and am hoping to network with link minded people in both of these markets.  

I can use the cash I have on hand to furnish the upstairs and go the cheapest route possible in the basement to make it livable, wait 6months to a year to save up enough money to knock out the rest of the renovations (egress windows, floors, upgrade appliances) and end up buying a few things twice.

I just have a long drive ahead of me and want to knock out an entire book. 

I'll head back up there this weekend and try to knock out most of the rest...

Major stuff like roof, building systems, parking lots, siding, etc - id any issues that’ll need to be addressed then either (a) knock out immediately or (b) budget a reserve so you can cover when it comes up.

You aren't getting much there with $300k, your loan payments will knock out most of the profit I would think....Do some searching on here and you will find what people think are the hot affordable areas for STR.