If the purchase is done in cash, as you mentioned, they’d have more flexibility, but they’ll still want to carefully consider the tax and legal implications of the subsequent sales.I hope this helps, and good luck with your client’s deal!

They have a 5 year draw.  

A good investor's agent knows when its necessary to request repairs or even concessions to offset the cost and even have repair money escrowed for the buyer to draw from after closing.

Where I'm at if you change the size of the window by 5% or more you have to have engineered drawings showing the changes.  

That's why I'm focusing on education first; I want to set a strong foundation before making my first deal.Apologies in advance-I'll be asking too many questions, just to warn you-but I really feel delighted to be aboard, learning from each and every one of you and subsequently sharing my own successes.

I handle payments by draws and I must always be ahead and work versus payments.

Subsequent images on the site show the property’s progressive deterioration over the years.Another property, a three-story rowhouse at 915 Dauphin St. near the Fairhill neighborhood, underwent a similar decline: Seven months after its November 2016 acquisition by DDH, it too had windows and doors.

I was able to fund a brrrr deal using 0% interest rate business credit cards ($95k across different cards), I didn't have to deal with lenders and their high interest rates or their draw request process to access renovation funds.

Typically they would require your numbers up front, rehab with a schedule of "draws".

Draw a hard line and stick to it.