It is semi-finished, has concrete floors, heating, a separate room to add laundry and a separate room to add a bathroom.

yes Sales Date - 3-1-05 Sales Price $70,600 Down Payment $600 StateIA City -Des Moines Face Value of Note For Sale --$70,000 Note Balance --$67,020 Interest Rate --10% Payment Amount --$636 Payments Made - Monthly Quarterly Annually Semi Annually --monthly # of Payments Made --46 When 1st Payment Made --4-1-05 # of Payments Remaining--254 Next Payment Due Date 3-1-09 Loan to Value 89% Current or Delinquentcurrent Balloon Payment Amount (optional) Balloon Payment Due Date (MM/DD/YYYY)(optional) --000 Position of Note - 1st or 2nd --1st 1st - Remaining Balance 67,027 2nd - Remaining Balance 000

I put $15k renovation cost in and "flip" it to my personal name for a semi inflated but reasonable price say $105k so it passes bank checks.2) The advantage of this is I basically get my repairs financed too I get 70% of $105k instead of 70% of $80k as in the first method.The downside of this approach is the 3rd party LLC has to pay capital gains tax but I"ll have to pay it eventually when I sell the place anyway.* The goal of this really is to try to think of creative ways to leverage my capital so I can buy more and not just pay cash for properties (highly inefficient).Would welcome any comments on this I've been up all night talking to US banks try to get my financing sorted!

At first glance, I thought I'd just pay the reinstatement fees and have a semi easy deal.

Coming from the FI motivation, I'm looking for a way to build enough semi-passive income over the next few years to cover my living expenses, and I'm currently hoping to accomplish this by assembling a buy-and-hold portfolio of single and small multifamily rentals.

We are just vetting 4 new teams - one in Detroit, and we think that will be a homerun too.Anyway, there are some companies that offer "semi-turnkey" or BRRR (Buy, renovate, rent, repeat...) and you can get more equity at purchase.

Keeping the units semi-furnished and utilities in your name will ensure these travel nurses have as little to worry about as possible when moving in, since they only stay for several months at a time.

I can get the basic number by looking online but I would appreciate a semi-detailed analysis and opinion from an agent with mls access.

I'd like to personally wish everyone active and even semi-active/inactive on BP the best!

So there it is in a semi nut shell ( got more detailed than I originally planned 😅).Thanks in advance for Any advice, opinions, and comments.