We are very flexible and would highly appreciate any suggestions or recommendations you might have!

You also have to take into consideration this is a condemned building, so you will need to get permits for all the work you will getting done on the property, Also, given that this is SV and not a prime area on the west side your ARV will not be high.

I highly recommend taking your deal(s) to your local meetup.

We had a recent FHA quote with 3.5% down in the high 5%’s..What do you expect from the purchase and refinance markets if rates drop by 1%?

Borrowing from the equity must be done wisely, or you will have negative cash flow and beat high risk due to over-leveraging.NOTE: I use interest rates much lower than they currently are in 2024!

Hello,A good rule of thumb in NC I tell my sellers about: if we get lots of showings in the first 2-4 weeks, but no offers, the price is too high by a good bit (15-25% estimated).If we get showings, and one low ball offer, the price is a little too high (5-10% too high).The longer a property sits on the market, the more likely you'll end up accepting a lower price ...better to go ahead and do a price reduction now and sell it faster, than letting it sit and eventually the market will do the price cut for you. 

I would look at comps for high durability designs that are still visually attractive. 

@Jackie Linne It may be worthless if the earn a "high salary" in their day jobs too... 

To reiterate, Effective [Date], the monthly rent for your unit will be increased from [Old Rent] to [New Rent].To make this easier, we will throw in free high-speed internet as part of the deal moving forward.If you have any questions or concerns regarding this change, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address].

HIGHLY risky and rate of return on gap funds should be north of 20% given the risk.. just not something to start with.. chance of a wipe out is far to great especially starting out.