It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to discuss further.

Here's a few thoughts- On the math side you know you will take a 35% hit if you sell but how upside down will you be if you spend the money to finish the rehab?  

that an older generation spends years accumulating real estate, they pass away....and then the next generation just sells all of it immediately since they don't want to deal with it. 

This one you are looking for a money partner for just the rehab costs or the whole property and rehab costs?

Cash with a small hard money loan.

To keep things running well, think about getting a local company to manage the property, make local friends in the business, keep up with market changes, have a backup plan, make sure you have enough insurance, follow the local rules for renting out property, and keep some money aside for surprises.

We are Buyers, Lenders, and Mentors, a tight-knit group and we work together to make money on our deals.

If they are able to get it turned around and making money (cash flow positive), they then grab another one using a low-down payment loan.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to discuss further.

Tenant/Buyer is required to put down nonrefundable option money.