I will have to provide and buy all the finishing (cabinets, countertops, tile, flooring, etc), but they demo and install everything.For the garage conversion, including the walk-in pantry and 2 bedrooms, the mini-split system, taking out the garage door and framing it and adding siding to look like the rest of the house, and add 1 window in each bedroom, the quote was $40k.I would love to get your opinions.  

You can take any reserves and ladder them with CDs/Treasuries/some other low-risk fixed income asset to provide liquidity in case things go sideways, all while mitigating most of the interest load on the loan. 

If you click on the mail envelop icon it will provide you with the information you are seeking.

The wholesaler can then try to obtain any remedy provided for in the contract, usually enforcing specific performance.  

I am seeing people investing in opportunities where they are in a second or even unsecured position and are targeted to receive a net 1-2% above a 1st position lien.For example,:Option #1:You receive a $50k first position lien $100k property - you are targeting to get a 9% return.Option #2:You are in 2nd position on the above deal and are $50k so 100% ltv and you are targeting to get 10%Option #3: you give someone $50k and it unsecured for them to go out and buy an asset and you are targeting to get 13%.I have literally seen several people over the last few days say they’re going to go option three because it provides the highest return.

You can offset this with points.When the lenders provides you with an estimate of the loan along with all the charges pay specific attention to:Origination fee - This is whereLoan Points - Sometimes they force you to buy a point and they bring down your rate in returnapplication feeunderwritting feeBasically you want to compare how much you are paying in all of these and what interest rate they are giving you based on this costs.

I have been finding tenants thru Facebook marketplace, been lucky so far, but I’m plan to buy more properties and manage them myself, how do I find and screen them more professionally without paying anyone

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Partnering with Graham Lyster provided valuable local insights, making this an attractive and strategic investment for Partner Driven.