I found them on line and wondering how was your experience if you ussed them.response would be appreciated If you have questions about to process or what is required please feel free to reach out.

This 2 to 1 ratio is required because 1) they are work and my time deserves to be highly compensated. 2) big rehabs have some risk.

Only entertain this if you feel you can perform.A lease option will require a down payment, more than likely, followed by a balloon payment upon a payoff due date.

Both what the resulting end product will be AND the capitol investment required. 

A partnership vs. disregarded LLC warrants consideration- you face different reporting requirements, limitations, etc. 

Most if not all of these properties require SIGNIFICANT cap ex rehabs and conventional financing won't touch them; you'd likely need to go the hard money route at 10-12%, 2 points, 12-18mon turn around.

There are dozens of check boxes, some of them matter, and Balance Sheet and capital accounts are now required.

Short-term rentals of non-owner-occupied properties will also require a special use variance which is obtainable by starting with the completion of an application in the Zoning Department."

By leveraging our expertise in pricing and buyer demand, we identified a deal that required no renovations but still yielded solid returns.

We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!