This allows the investor to do extensive due diligence on the sponsor and dig deep into their character, strategy, tactics and underwriting.Going back to IRRs and multiples, the projections made are only as good as the underlying assumptions used in underwriting the asset. 

My original source of renovation funds is no longer viable and using my J.O.B. income will require an extension of the renovations timeline and carrying costs.I know there are a few different ways to earn money in real estate that don’t require you to have credit and/or cash, like Wholesaling, Lease Option, Subject To, etc.  

Certainly not a short term rental question lol  Lucas, that is not correct and its been discussed extensively in other posts.As with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the SAME individuals in an official capacity (e.g.

Wondering what are the legal implications of renting out legal garage extension for house in San Jose to a family while we live in the main house.

Thank you,Very respectfully,JulianI have no idea what you could get in MD for 150k to house hack unless it's a destressed property in need of extensive renovation  (or maybe Baltimore).

Last option is owning each property as a tenant in common between your entity that you always use and the other people owning their portion, but it still requires an extensive TIC agreement, so doesn't save much. 

I would select a contractor asap or you will be looking at extensions that with HUD cost you money out of pocket

Considering most banks won't lend on REO properties (if it needs extensive work) I would look for a hard money lender.

Hi there! I'm Connor from Baltimore, MD! I'm a new member here on BP and recently finished the Ultimate Beginner's Guide (free PDF version). My question is this- Is the actual hard copy book worth reading as well, or ...

@Gusatvus JohnsonThe property manager is an extension of you.