The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

It's better to pay more, knowing you have something secured versus cheaping out and not even closing. 

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

I am not looking to make major improvements, but I am looking to enter and secure it.

Here is my current situation - I can probably secure a personal loan for about 200k at around a 3-4% interest rate with a 5-year tenor.

In fact, during my short stint as an aspiring BRRRR investor, I successfully secured a pre-approval for a private money loan based on my net worth.Now that I’ve shifted to land investing, I’m wondering: Do private or hard money lenders exist specifically for land flips?

Hi @Shawn SmithI am a US loan officer in Toronto, assisting Canadians to secure financing in the US.

For added security, consider umbrella insurance alongside the LLC. 

But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.

In our experience/opinion (factoring in security deposit to defer some of the losses):Class A - 0%Class B - 5%Class C - 10%Class D - good luckHope this all helps!