Extremely common.

I am reading through the forums about the extreme importance of choosing an ethical, skilled, open-minded, knowlegeable, etc good lender. 

It can still be very worth it considering the extreme rent reduction, appreciation, loan paydown, and tax benefits.

I find it extremely important to know and track your numbers on a consistent basis.

I worked on a deal similar to that and it was extremely difficult to get to the finish line but we were able to close the properties simultaneously.

@Kevin Smith Both properties performed extremely well.

Hey Ed, I totally agree, I love creating systems and processes so automating a company is extremely entertaining for me!

@Manuel KoschniederHey, finding a property for 120K range and putting 20K in and expecting a cash out is highly unlikely unless you get extremely lucky.

There one house that’s going for $299,000 but probably needs 80-100k work, I guess you can say it’s a gut job but it’s 5 mins from a prestige university and in an extremely appreciating neighborhood.

Currently looking for properties in Arizona.Partner and I are looking to close extremely fast(21 days or less), all cash.Comment or DM.