The unit was wrecked but I was sold a rehab project that would be much more expensive so that the unit could be converted into a bigger living space; the idea being that we could get more rent out of it (close to $1200 vs. $800/mo).The rehab was supposed to take ~ 3mo.

I’be backed myself in a corner and need to start exchange early this week but the company I normally use said I can’t close until next Tuesday if they are doing it.

Since we didn't necessarily have a say in who takes over the loan after the initial closing I thought we might be stuck with it.

Then you'll close your BP account and go into hiding, not wanting to admit your failures and will forever curse real estate investing as just an alternative to gambling.So people underwrite to decompressed exit caps because they want to be the guy in the first example. 

You can close under a new LLC.First Time Real Estate Investors eligible with qualifying previous Homeownership history. 

Hello BP, Looking to close on a 2 family in JC this month.

I have had a couple of lenders tell me that I can't tell them that I am going to live in the property but they can't control what I do after the loan closes *wink*.

We have a 4-bedroom home near Disney - the home is well-themed and very close to Disney. 

Fast close, tenant in place, etc?  

Hey ya’ll, we just closed on our second flip today and I have a question about the construction.