I did find this deal driving driving for dollars, the realtor of the property was adding his sign in the front yard, I approached to make and offer. we close in 3 weeks.

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you It would help if you shared what you plan to buy them for other than just saying they’re 10 k to 15 K below market.List Price: $55KMy Offer: $45KPlanned Value Add:Install fenceBuild drivewayCreate a mobile home padExit Strategy:Sell via owner financingConsidering the option of adding a mobile home as wellIf you like this post, please consider voting!  

Be wary of CL ads offering homes as RTO.

Some old Milwaukee sewer laterals have tree roots that like catch on to stuff.We also eliminate garbage disposals during rehab and normally we have someone from our team check out issues, before we send a plumber.

A couple of mine are in Mesa, one in Florence, and I just added one in Arizona City. 

Consider a HELOC for value-added BRRRRs or flips if you have a low interest rate.

In some cases, it might even mean you can buy your next house all cash.Financing Home ImprovementsThinking about upgrading your kitchen, adding a home office, or tackling other projects?

If you have extra cash, payoff the initial mortgage without adding more loans.

Here's my take on the decision:First, let’s look at the pros and cons of paying off your current short-term rental (STR):Paying Off Your STRPros:-You Eliminates your largest fixed expense (the mortgage), which increases your cash flow significantly.

Try to arrange for an “open house” day for buyers to walk through with contractors and eliminate inspection problems/delays.