Starting in the greater Richmond area is a fantastic choice, as it's known for its mix of historic charm, affordability, and a growing market. 

I know as the Lender, I always have the option to modify things but the NoD helps set the stage if the borrower doesn't act or respond in a way I feel is beneficial to getting the project across the finish line and me my capital back.     

Beneficial Ownership Information (BOI) Reporting:| FinCEN.gov Do this right NOW!

Benefits: This strategy is particularly useful for high-income years, as it allows you to defer taxes and increase cash flow by reducing your immediate tax burden.A cost segregation study can be especially beneficial if you plan to hold the property for several years and want to maximize deductions early, but just doing cost seg is not helpful.

Orhi I'd be glad to send you my top choices for PM in the Cleveland areas.

Notwithstanding the constant bellyaching by people - sellers and buyers - who want people to work for free, the US housing market has for the past 75+ years worked pretty well to make a lot of people wealthy and provide a wealth of housing choices for everyone.

I think you have no choice but to convert to cash yourself.....no one is going to take the risk/hassle of converting afterward.

There are lenders who can do a cash out refinance for the new appraised value after three months so it can be a good choice for an investor who's doing a BRRRR.These loans can work for investment properties that are long term rentals, short term rentals, non warrantable condos and condotels.

We were both pretty lucky and made some smart choices with what we had.

If so, the STR strategy could be beneficial in your case.