I did ask the other LP what kind of due diligence he and other LPs have made.

My tenants had late payments, but they were eventually made whole—credit where credit is due.Another standout moment was in 2021 when a major winter storm hit the area.

Thoughtful upgrades and efficient project management made this a successful venture, highlighting the strength of our partnership and commitment to delivering high-quality results.

It wasn’t ideal, but it was the only way to keep the deal alive.I made the drive to her small town, met her at a local bank, and had the paperwork notarized.

We have talked about things such as rent by the room and acknowledge that the operating model will likely be very different while living in the property vs. when we move out.I think the point you made about assumable loans is very helpful to get into a property you might not otherwise be able to afford.

I made the purchase and then found financing.

I've only been made aware of this less than 24hrs ago, but that is one of my concerns.

The rates are made by the carrier and that's just what they are.

The fact that you have made such good time on the rehab of this one means that you will not be able to refinance on its new value until you have owned it for 12 months, otherwise they will go off of the 'value' that you bought it at.Whereas if you refinanced it into a 30 year DSCR loan, you would likely be good right now, or worst case most are good at about 90 days.

Purchase price: $214,000 Cash invested: $180,000 Sale price: $550,000 Old VFW building What made you interested in investing in this type of deal?