I would also be clear with her that regardless of the her vacating the apartment, if she owes you a balance you are going to pursue collections actions so she won't get away free and clear.

Feel free to DM ME and we can discuss.

If they don't need an "official" floor plan, there is a free app where you walk around the room with your mobile device pointed at where the floor and wall meets.

@Carlos Martinez - Are you able to provide a cost estimate for the roof and/or the increased cost of the premiums?

This might avoid a lien and free up cash for your down payment.Hard Money or Bridge Loan: Look into hard money or bridge loans to temporarily cover the taxes or down payment.

Whether that means a "cash out refi" assuming you can get rates that work, or a 1031, get your money working for you.I work with many investors that are looking to use a 1031 to move an older depreciated property into a New Construction investment property that will work well for Cashflow, Appreciation, and will give them great tax benefits with the reset depreciation.Feel free to connect if you have more questions.

If you have any other questions, feel free to DM.

Hello, I have two questions - hoping some of you may have advice based on experience.I am intending to team up with a coworker who plans to pay for the rehab costs of a BRRRR strategy as I pay for the down payment.

We utilized our capital to cover the purchase cost, ensuring a smooth and expedited transaction.

BUT, I can do a cost seg and bonus depreciation on the 3 remaining rental in 2024 to use those losses to offset my W-2 via REPS.