Fixed all mechanical issues, new floor, paint, finishing part of the basement and a few other things.

Rehab to be finished this month but seller said he is willing to negotiate on some finishing work for the right price.This property is surrounded by trees on a quiet street and is in an area marked for revitalization.Asking Price: $103,000 or OBOEMD: $3,000Assignment fee: 2k

How about finishing the project, getting good tenants in there, waiting 6 months or so to age and mature the situation... and then do a cash-out refinance?

My wife and I just finished a big project I have been working on for the last eight months.

Hi All,I just finished reading Rental Property Investing by Brandon Turner.

I am currently finishing the basement and living on the first floor, rented out the 2nd floor.

I don't have my first property yet but am actively looking in cook and lake county.

This presents a situation where were looking for a niche tenant - someone who can afford to buy a home but has life circumstances leading them to rent and who also does only minimum cooking or eats out a lot.

Thanks to Hal and BPCon I just finished my first miracle morning.

I've been browsing the forums for seller finance info but have yet to find something cohesive that shows the start to finish.