I will only ever file an insurance claim on a property that has a catastrophic event.

For ACH payments, it's important to note that the funds will not immediately leave the account, so maintaining the necessary balance until the transaction is completed is essential.

More specifically this investor, who had $120,000 cash on hand wanted my opinion on whether he should fund the acquisition and renovation and complete one home at a time or use financing for the acquisition and renovation and by his estimation complete up to three properties at a time (with reasonable reserves) then refinance the properties upon completion to complete the BRRRR process.

Lack of LicensingI hired someone who claimed to be a general contractor, but wasn’t able to pull permits when asked to do so.

I have a team together, and we just completed the rehab of 3/4 units in those two duplexes.Property is a SFH located in an opportunity zonePurchase price ~$50,000 (to be negotiated)Rehab $40,000 - $60,000 (have not walked through yet, will have a better estimate after walk through)ARV $160,000 (I have some good comps in the area)Rent comps are at $1500/monthI can put 20-25% down.

You will likely need to complete the work and have it reappraised before you can refi.However, if you can get it appraised for $330, you may be able to refi for $264k and use that capital for your next flip property.Good luck and let us know how it turns out.Cheers,

I source these properties to investors and developers for a finders fee and/or the listing agreement when the construction is completed.

After completing the work, you might find that the market rent is higher than $825.

We have two identical builds to fund coming to completion in the next few months.

How many builds have you completed?