I am putting together my first private loan deal for an investor and could use some advice...The approach is to utilize the private money loan to acquire the property (down payment, closing cost etc), use my own money to renovate and furnish (very little work is needed, more so cosmetic) and stand the property up as an Airbnb. 

I'm trying to remain patient, as this is their "acquiring properties" period, and I do feel Noelle is trustworthy and knowledgable with A LOT on the line.

Originally posted by @Jinesh Kumar:Thank you all...Roof has some shingles off so they decided to end my contract :-D.....I will fix shingles and try another insurance company...but my agent said just fix shingles and reach out to him..he will reinstate the contract again and straighten everything out...If they were aware of the shingles and it was an issue for them, why didn't they address it with you and give you a chance to remediate before canceling your policy? 

Now I am in a position where I want my current property to be my permanent residence and still acquire investment property.

Purchase price: $89,000 Contributors: Christopher Mannella, Drew Dotson, Mitchell Kramer, Adam Polokoff, Stone Bettersworth, Damicco Robinson Awesome Buy and Hold deal I helped my investor to acquire.

Hello All, I am on the verge of acquiring my first rental property in the city of Philadelphia.

Did you just acquire? 

I realize this isn't really a true house hacking situation but to make a long story shorter, my Wife works for a Medical Spa and the owner is now acquiring his first Duplex.

Easily remedied in a weekend. 

One of the remedies that I'm looking into is steel beam support for the interior of the basement with a 50 foot section of the basement costing $12,000.