ONly money spent securing the house against waste.

For those of us living in Wisconsin we use Wisconsin Legal Blanks. 

Very few allow any subordinate financing below their note but I do have ONE that allows 90% CLTV (they loan 75% and allow you to secure a 15% seller carryback as long as you come in with 10%). 

I'm now investing in WI.  

I’d recommend running cash flow scenarios on any potential deal to ensure it aligns with your financial goals.If you’d like help analyzing properties or securing financing, let me know I’d be happy to assist.Best,Drago

After a few candid conversations, they realized they could negotiate slightly higher rents by offering small improvments..things like better loading dock access or upgrading the security features..turning a so-so cash flow into something much healthier.When you break down your family friend’s situation, it might help to consider these angles:Selling and redeploying capitla could open up opportunities in markets where cash flow is a bit juicier.

Cameras, security system, motion lights, cage lock on hvac, etc.They were stolen cause it was vacant and had a for sale sign.   

After COVID applicants were having to submit 10-15 applications on average in my market to secure a rental meaning they might pay a whole months rent or more in application fees!

The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.

This not only secures your cash flow but could also turn a problematic tenant into a reliable one.