CELEBRATE GOOD TIMES, COME ON!

That I would operate in the negative bc her rent (which I discounted because she has to leave early bc the entire unit will be rented) and I would release her from her lease if she wanted.

As I celebrated my daughter's first birthday this past Saturday, it reminded me of why I have chosen to go on this path.

Then when you have a plumbing rough in inspection that passes you can release those funds.One thing to watch out for is "Front Loading" where the contractor will inflate say the demo category to have more funds released up front to help them fund the job.  

Thanks for simplifying the math that really helped ;) Hi Andrea You can talk to brandon brooks or bob thomas at merchants mortgage they’re a hard money lender can help you finance up to 90% of cost purchase, 100% rehab, for a total of 75% ARV or after repair value and they will hold back the rehab and cash out proceeds for you too so if you don’t use it all, once you refinance you can get it all released to you as “excess proceeds.”

@Anthony Cross There is a process to go through to get the IRS to release the property however I don't believe it is automatic in a foreclosure.

Foreclosure Market Report, released this week.The filings, which include default notices, scheduled auctions and bank repossessions, were reported on 151,153 U.S. properties in 2021, and represented 0.11% of all U.S. housing units, down from 0.16% in 2020 and down from a peak of 2.23% in 2010

We were finally able to get an attorney to go into the prison system and negotiate a settlement with him to release the final probate and get complete and clear title.

The buy-out would cover all re-lease expenses, 1 month anticipated vacancy, and a fixed fee of some kind.

ASK YOUR MENTOR/CONFIDANT for more suggestions*After getting released from the Cardinals organization in 2020, I picked up Rich Dad, Poor Dad.