Make sure you are prepared for that and have a contingency for that.

Was the buy-back price contingent on an updated appraisal?

This deal taught me to always budget for contingencies and reinforced the value of a great team!

Start with a standard offer, and write a contingency into it for electricity, all the below ground utilities, and then work your way to zoning, permitting etc.

.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.

Make the start date of the lease contingent and effective upon closing. 

Simple answer - yes you can alter your funding source after putting it under agreement if you chose to use a hard money lender instead - i would just communicate with seller that hey I was going to use cash (assuming you have it from your heloc) and instead will finance some of it but let them know its not contingent on financing.

Seasoned investors typically have contingencies in place and work to diversify their portfolios to mitigate these risks.4.

No contingencies for financing.

Did you have a financing contingency?