Small residential properties seem like a headache for them now so I've been fortunate enough to take them over via things like land contracts and creative financing deals to get them out of those properties.

I am a project manager currently working for a commercial General Contracting company and have a small contracting gig on the side I am working on ramping up, focusing on residential and commercial remodels & all demolition projects. 

----------------------------Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy, but the same applies if you have a mortgage on the property as well:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]My one caveat is that a 1-4 unit residential property in Missouri is eligible for an 80% cash-out, albeit at a higher interest rate premium (8.625% @ 80% LTV vs. 6.875% @ 75% LTV today).

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

My name is Jack and I am very new to Real Estate with an interest in long-term, residential properties.

-Business Type: Residential Rental-Ownership Type: Agricultural Cooperative Corporation

You might look back and think, ‘Glad I spotted Casper before everyone else jumped in.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Just keep your eye on the numbers, be patient, and, if the path feels a bit winding at times, remember that most of us have been right there the ones who kept at it ended up with the sweetest returns.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Additionally, investing in real estate education and seeking mentorship can enhance your understanding of various strategies and market dynamics.Creative Financing:Exploring creative financing options, such as seller financing, lease options, or partnerships, is another avenue to consider.

It is less than an acre, but zoned for multi-family residential development (town-homes, condos, apartments, etc) Having never been, I know nothing of the potential in Delta Utah.