Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years.

Debating possibly getting a STR/weekend getaway down in that area - thanks!

My job every month is to operate with as little $ as possible in banks that pay nothing, getting every dollar possible into my money market accts earning 4%+.

Most of these properties have been sitting on the market for 30+ days.Other possible issues is the hot air furnace is very old.

Rate and price play a big role in BRRRR.

With your first investment, you want to try and minimize risk as much as possible.

We also would like to self-manage if possible.

.🔹 Maximizing Value – A distressed property isn’t just about fixing what’s broken; it’s about repositioning it for the best possible return.

Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?

But possibly do a prom note for an additional 50k after about a year by pulling out equity.