We did that on the first property we bought, then never again.As an investor you should be patient and look for deals that meet one of the following:1) You buy below market value2) You buy with little to nothing down3) You buy with seller financingThis past December, we bought a package of 4 properties that met ALL 3 of these!

I have a couple of partners and we are looking to buy some smaller Multifamily units (<20 units). We have a mortgage broker we enjoy communicating with (haven't used him yet), but I am curious if his rates are comi...

I usually don't have a problem calling it like it is (I'm not super nice, lol, I'm a numbers person), but other agents are more discrete.

Then an actual GC goes out to bid it, one that's willing to work with the renovation loan process (which they generally dislike), and suddenly the package deal is very much underwater, and the loan application is denied. 

PatrickA 1 family dwelling can be insured under a business (Business Owners or Package policy) or personal policy Dwelling Fire policy).  

I don’t qualify for many DSTs I’m finishing due to the amount I sold the house for vs my loan on it.I might have to pull out the cash and at least I’ll have a year before I have to pay the tax man, I might just invest in stocks or a high interest account instead.im also thinking to maybe to tax defer some through a IRA… I’m new to all this, I paid over $50k in taxes from my severance package too last week :(Quote from @Dave Foster: @Jemma Jacques.

The "base package" items are typically the least trendy options and you will end up paying more for things that do not really cost the builder much more money, as they are basing the costs on the value to you, not cost to them. 

Your decor and furniture package make all the difference as well since there's so many 3BR units.

There were multiple service packages - inspection only, inspection plus interior, plus exterior, plus 100% I don’t want to worry about it.

Should I send them a little care package prior to raising rents?