Id guess a current appraisal would be somewhere 150-170k depending on how nice the units are cleaned up.I know I am not factoring in appreciation, the plan was to purchase in cash have decent cash flow as a better means to invest money that was not doing much.

@Matthew Scott go check with the city and make sure you can do it before you invest any time and money into it.

The financing cost behind hard money are usually more expensive than taking out a HELOC.

The business is losing money each day without a functional office.

Would it be wise to send them an email strongly indicating that its not okay to make late rent payments continuously and that the co-signer needs to step in during these kind of circumstances?

Wholesaling is putting a property under contract, assigning it to someone else to close, and then making a spread (money) for being the conduit.

:Might as well go for it most tenants in c class areas are nuts anyway so the extra rent money is icing on the cake  LOL!

Our Playlist Beta Membership gives you access to the following: 🔐Unlimited audiobook downloads of 37+ real estate investing and business books🔐Unlimited ad-free podcasts including Real Estate, On The Market, Money, Rookie Business, and DailyI'm sorry for the confusion and would be happy to clear up any more questions!

Pick a type of property you can afford and think about making money through rent, the property's value going up, or both.

I’m an active STR owner/ operator with 2 doors. Used personal funds for literally everything. Never want to do that method again. Any advice on how to execute this? Just came out of a in person event with pace morby a...