You might want to consider a bridge loan for this project.

My husband is leaning toward keeping it since it is a project we would have to deal with. 

Projects that may not make sense for some, will make sense for you if rehab cost is at 70%, comparatively.

Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area. We have a pretty good Tenant who is moving from one apartment unit to another. The previous Tenant left the place dirty, and several rooms...

A bad manager can quickly turn a promising investment into a headache.Pro-formas look great on paper, but if the property isn’t managed well—poor tenant screening, long vacancies, maintenance issues, or hidden fees—those projected returns can disappear fast.

Hello,I am interested in purchasing a recently renovated $195K property as a 'secondary' home for the next 4 years to use as a future LTR.

Also, you'll want to look at value add opportunities with utility optimization, either a reno project to pass utilities on to tenants or some kind of billing system.

Always smart to see the bigger picture and future cash flow potential!

Hey Jade, With all of the semiconductor manufacturers popping up out here and new developments and redevelopments the Phoenix area will be growing for sure in the near and distant future.

@Guifre Morai am searching for a HELOC or refi so I have some capital to take advantage of any future deals, sounds like HELOCs have been frozen, anyone have any info.