With regard to renovations, I always suggest taking incremental steps to bigger renovations or partnering with someone who has already done a renovation at that level.I've been known to just go for the big rehabs for my personal investments here in Chicago , and during that process, it's always more stressful than it needs to be...As far as navigating the competition, I've found the best thing I can do is get EXTREMELY CLEAR  on what I am looking for; then I am confident pulling the trigger quicky. 

Originally posted by @Maxwell Silva:Hi, I am a new agent and am in the process of signing with a broker for the first time.  

I remodeled the kitchen and in the process removed one of the bedroom's closet because it was sticking out intto the kitchen.

I’m temped to order an appraisal this month, or does that seem like over kill and do you recommend I sit back and trust the real estate process?

No reason for me to go the through the hassle of the sale process unless there is some type of gain which the investor is open to and this is where I need the advice.

Private and HML can move very quickly and loan on distressed properties.Also, for BRRRR investors, you should know for certain all the qualifications for your refinance.I have seen many borrowers with short term, private loans have to carry the loan months longer than they were expecting to because they did not know all the ins and outs of the DSCR refi process.

Turns out the Seller's agent and the escrow agents were really nasty to the bank throughout the whole process.

The process is easy:1) You’ll receive a disarmingly simple one-inch-thick three-ring binder containing your plan documents.

Would love to hear your process!

I am in the process of closing on another house in Oregon.