I was just pre-approved for financing and am beginning the journey by analyzing properties and setting up some visits today@Jeremy Pace@Jesse Peña@Chris Pasternak@Melissa Gittens@Gary Swank@Jerry Padilla@Helen Bollinger, by house hacking I was indeed referring to living in one unit and renting the other.

We can bounce around some thoughts and I can refer you to people who may be able to help you.

I'll reach out to Jerry and Brant and let them know that you referred me to them.  

Can anyone tell me if they are investment partners with Mr Kaller or if they have knowledge of his Renovation Funding program which is refered to as Road To Real Estate Riches.I am asking because I received a phone call and the individual on the other end was asking me how to get in contact with him.  

I want to "wholesale" or refer these deals to cash buyers since I don't have the funds now.

It's a good reference point, but I need to know what the house down the street is asking so I can outcompete ;) Good luck!

RCN referred me to another hard money lender who also gave me the scoop that the typically only fund deals at either 90% of the value or 65% of the ARV which ever is the lessorTo put numbers to this deal ARV of $150,000.  

The $5,300 quote is a guy refered by my floor and paint contractor.  

FIRST QUESTION- Closing Prorations: Not sure which one to chose (default is the first one)Line 120 - Real Estate taxes shall be prorated at closing based on  {The net general real estate taxes for the preceding year, or the current year if available} {Current assessment times current mill rate} {Sale price multiplied by the municipality area-wide percent of fair market value used by the assessor in the prior year, or current year if known, multiplied by current mill rate}I checked the default option which is the first one, but want to make sure it is the right choiceSECOND QUESTION- Property Condition Representations:  Very confused on this sectionLine 150-168 - Seller represents to Buyer that, as of the date Seller grants this Option, Seller has no notice or knowledge of any Defects other than those identified in Seller's disclosure report dated _______ and if applicable, Real Estate Condition Report dated ______, and, if applicable Vacant Land Disclosure Report dated _____, which was received by Buyer prior to Buyer signing this Option and which is/are made a part of this Option by reference (Complete dates or strike as applicable) and _____________________ (Insert conditions not already included in the disclosure or condition report(s)) CAUTION: If the Property includes 1-4 dwelling units, a Real Estate Condition Report containing the disclosures provided in Wis.

The % reference was aimed toward the Toronto suburbs and the west coast though...My main focus is monthly cash flow generation...