Any HML will want answers to those questions plus a rehab budget before getting you a term sheet for a fix n flip loan for this property.I close these types of loans all the time, if you have any specific questions about the process don't hesitate to reach out.

By repeating this process, you can scale your portfolio while working toward your desired monthly income goals.

Getting that first deal under my belt with the help of a mentor would significantly accelerate the process and build my confidence.I’m a firm believer in learning by doing—trial by fire, making mistakes, and growing from them.

Happy to share my experience if you want to send me a PM.RyanHey Ryan, we are in the process of looking at buying a house for an STR in the beach Mountain area.

For example Delaware has additional default rights and processes that an investor can follow if they feel they are not getting old books and records.

Yea, I'd love to call and maybe change your mind with our processes 

Also, banks typically use a valuation process that does not favor the BRRRR strategy. 

Will research more on the process.  

It ends when they AND their stuff is removed to the level that allows you to begin the re-rental process. 

Additionally, a lender deposit ranging from $20,000 to $100,000 is necessary, along with a rate lock-in fee that typically amounts to 2% of the loan amountIn the process of raising equity, it's crucial to be diligent while filling out necessary forms and securing required verifications.