Purchase price: $80,000 Cash invested: $150,000 Hoarder house sourced through a wholesaler with plans to renovate and turn into a short term rental What made you interested in investing in this type of deal?

It's essentially financing a portion of the transaction by increasing the purchase price by the contribution amount. 

I have a paid off rental (approximate value $150k) that I was wanting to use the equity as a down payment on another rental house purchase ($200k purchase price). 

Then I purchased my own rentals that are all clean BRRRRs and grew my rental portfolio to over 7 figures.

Aloha,For comparing Condos/HOA projects for investment purposes, the more critical info would be rating the most recent Reserve Study and/or Reserve Funding Plan for a specific project.

The easiest way to think of the draws is like a reimbursement where after you complete work on the property, the lender sends out an inspector to confirm that work has been completed then gives you funds according to what has been done.You should be using a lender for the purchase as well since purchase and rehabs offer the highest % of purchase price.

Purchase price: $125,000 Cash invested: $105,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, along with Jeff Dilldine, purchased a home on 09/13/2023 for $125,000 and invested $105,000 in renovations.

Single Fam offers more purchase options and easier to exit with a larger buyer pool.

You need to sign a regular purchase and sale agreement with an assignability and marketing clause with you as the buyer.

Conn. 2002) - Information relating to the purchase of a bad debt is neither proprietary nor burdensome.