The Mortgagee must obtain a lease agreement of at least one year’s duration after the Mortgage is closed and evidence of the payment of the security deposit or first month’s rent.

Purchase price: $290,000 Cash invested: $100,000 Sale price: $549,000 4 Bedroom 2 bath house bought from an estate in a great Broad Ripple location.

Finding funds for downpayment and closing cost.

So here’s what I found, an event hall building for sale.

For those in the small multifamily space and who are still closing deals in 2024, how many leads are you looking at/week?

I've closed loans with entities way less than 6 months old.You have a long road ahead of you of you can't bring the capital or credit. 

A sales rep from that company was saying not to worry about it they won't enforce it and they have seen claims paid out... all well and good but what is in writing is what matters when the lawsuit gets filed.

Over the last 2 weeks there hasn't been a property that has numbers even close to good enough to BRRRR or Flip.

There are plenty of great tenants in CA, however :)My family and I decided to invest in Reno, NV because of this but still wanted to be in close proximity to the Bay Area and Lake Tahoe. 

It's a hit or miss with some lenders but the best capital sources I work with has an amazing rep and provides us with guidelines/resources to get deals closed.