Shawn the house will be ready to rent as soon as i close.

I'm in Pittsburgh and I'm ready to scream.  

This is a commercial property, ready for move in. any inside repairs will be done by the tenants. 

I am just starting and am not ready to do a LLC or yet. 

I am guessing no answers from others because my format posted without spacing and was hard to read?? I

Hi Shauntice,I live in PG county and I’m focused on flipping in the PG county and DC area until I’m ready to move on to large multi family.

More and more listings are coming on the market every day, for two reasons: 1) sellers who bought before the crash have now seen some good appreciation and are able to sell for a small gain 2) older long time landlords are ready to retire and are looking to cash in on the high demand for this property class right now. 

Timeline:Property 1 Purchased Jun 2016: Purchased for 5% down @ 255k, refinanced about a year later at @ 325k with some minor renovations completed, and got a HELOC Oct 2017 for 20k and had 20% equity in the property vs 5% when I had purchased Property 2: - Purchased in February 2018 for 192k and had it reappraised in March/April for $222,500 - This was super low based on comps and I asked for a review based on the brokers opinion of value as well and he said he could not review it- After this the lender informed me that he could not even do the refinance with the appraisal because my DTI was off- He recommended waiting a year or so until the rents from the new property show up on my tax return and to pay off some debt for the ratios to start working in my favorMy realtor provided me some provide private lending info who were able to offer NO refinance on property #2 but they could do a mortgage on a new property we were looking at for 20% down, & 10% interest.I did not have 20% ready to go as I was banking on the refinance for at least a portion of the funds and had to turn down the offer.Curious if anyone else has encountered these roadblocks and If I need to wait or if there is something I can do. 

Buyers agents costs you very little to nothing and if you find one that is ready to go the extra mile to help you find your deal then it's a no brainer.

The county isn’t going to make any moves/offers until they’re 110% ready and then they’ll try to proceed as quick as possible.