Here’s how this typically works in commercial real estate:1.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All,Peter Piper here. 

I've done it all... buying tenant occupied, doing BRRRR's, section 8, doing full gut renovations, etc.I also help clients do these things from out of state.I lived in Troy (just outside Detroit) from 2017-2022 but I'm back in California now.

If so, any tips for doing this for tems, contract, etc? 

The purpose of a landing page is to quickly and effectively convince a person who is genuinely considering selling their house at a discount to leave their contact details so your acquisition agent can reach out to them.Anything that hinders this process will ultimately LOSE you money.

Good Luck, let me know if you would like to try a DSCR lender, I have two but unsure if they would do something like this. 

Needs electrical, plumping, windows, etc What made you interested in investing in this type of deal?

Quote from @Jared Galde: We own 50 sober living homes, obsiously this was 7 years ago, but I've closed all of those homes in the past 4 years.

This is due to the  increase in mortgage rates and house prices.Pros/cons as I see it:Pros: two appreciating assets versus one; as rents rise, we’ll make more net income.cons: less cash flow, double capex, double maintenance.Anyone mind letting me know your thoughts?

It’s tough to be in a position of uncertainty, but getting informed and organized will help you navigate this situation.