See if your QI would accept repairs placed on the settlement statement as purchase concessions with checks cut directly to the vendors.  

On a BIG project that lasts a LONG time, the money may be cheaper cutting someone in as an equity partner than paying an interest note or hard money.   

You'll get cut off and offered non-owner occupied products.You'll need to justify why you moved and kept the past property.

If you want to get a good price, you need to take a different approach and "cut out the competition".I recommend renting properties because you have a monthly cash flow but you can just as easily fix them up and sell it.Let me know if I can answer any of your questions.MarcPurchasing without competitionwww.greenfieldent.com

When you're getting your hair cut and the stylist is telling you how she just made $60K flipping a home, you know it's time to get out.

If it sells for 230K and you buy it for 180K minus repairs, then you will be cutting it too close.On a rehab, 70% of ARV minus repairs is the maximum you want to be at if you are in a normal market.

I recently cut down a large Black Walnut tree in a patio area located in the backyard of my rental property.

Taxes can seriously cut into profit potential here.I could hire property mgt. for about 10%, would this be a good idea?

There are lenders you should be working with that arent overly concerned about the income and assets on deals.Time to cut the strings on this one...you get my point.

I have an agent who will sometimes cut her commission on HUD's so we can make our numbers work.