Off market How did you finance this deal?

We expect to have holding costs of $15k to get through the off season and the condo is pretty updated so we would only be spending $10k in renovations (updating the bathroom and then finishes in the remaining rooms).

Yesenia,Feels like a straightforward DSCR loan, base it mostly off of the cash flow of the property itself inside an entity and maybe take a bit of a leverage cut as a foreign investor, but very doable.Do you have an LLC already established? 

Starts off free, no credit card required and not a trial period.

I got this project off market from a connection of mine (I'm a realtor/investor).

It just kills me to see people spend downpayment-sized chunks of money on hands-off gurus.

Now the minimum standards your basement has to hit for it to be able to count as assessed sqft not estimated is a height of 7 ft, a point of egress (bilco doors) and a window usually in the rear, It's one of those things where if your going to go through the process of digging out a basement you might as well go for it and dig it deeper then 7 and closer to 8 ft so you actually stand out compared to the competition.Now the other side of this coin which I would suggest is if you're willing to spend 40-50k on a basement dig, consider adding a 3rd story addition if your a 2 story (think master suite, walk in closet, master bath) or an addition off the back and add a roof deck if your a 3 story (either master suite or just additional bedroom).

If I had contracted out the work it would've probably cost about the same due to holding costs in the winter, time off from my job and general focus I had to put into it. 2.

Lower income is taxed so low that you're better off paying tax on that low-tier income.Read this post:https://www.biggerpockets.com/forums/51/topics/1122635-the-s... 

This seems impossible to get unless I buy in the Plainview Area, South City and S Broadway St.