There would be plenty of cash flow to pay the new mortgage. 

If it is later in the project, and most of the money is spent, well that is where reserves come in (hopefully those aren't blown through).If you have more time than money, you go in and do work that you would prefer to have hired (i.e. cut new beds and put down mulch yourself versus paying the landscapers...).

So I sent an offer in a condo that was priced for a great price great location all the appliance and bathrooms are brand new..

Hi James,This post has been very helpful as I am new to real estate investing and I recently came across my first New Buyer Agreement Form.

(Always remember that)I’d recommend diving into some BP forums, work with other agents (some of them, like my team have GREAT Off Market Opportunities) for distressed properties — there are also plenty of investors here who can offer insights and tips on improving offer terms, timing, and strategies.Remember that building a strong network of agents and wholesalers in your target market could be a GAME-CHANGER, helping you get ahead of deals before they even hit the market.Keep us updated on your journey!!

Would it negativly affect my mortgage, or do I need to notify my lender at all to build the second home on the lot and then figure out the lot split later if it's necessary for renting or selling the new or original home? 

Hey yall! I’m an investor/agent/electrician living in Boston Ma. I love everything about real estate and my friend introduced me to the podcast now here I am. Eager to make connections, learn more and make lots of mon...

The amount of new apartments buildings I have seen go up within the last 2 years and the transformation that my own neighborhood has gone through in the last 3 years has been a rapid change in my opinion.

Maybe one of you can help....I run a property management company.I have a new prospect that wants to go through with a contract.

the only way that would bother me is if it was a flip and it was going right back on the market then thats an issue.. if the property numbers still hit your target returns the 10k will be long forgotten 10 years from now when the property has been positive cash flow the whole time and has gone up 20 to 30% in value..