I'll send you their details via DM.

This property is a cabin, but doesn't qualify for traditional lending, as it's a sort of tiny home /park model built on a chassis, however we would own the lot.The current owner states 2019 rents were about $10k (via VRBO, AirBnB, etc).

@Timothy Hero it’s actually conventional via Bank of America

It’s a great way to buy a property in Westchester given the high prices and you can build some instant equity with renovations via a rehab loan if you like!

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

I think the best way to do via JV.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000

Cash invested: $8,000

Purchased for $80,000
ARV $155,000
Needed 2k in Piers
1700' of flooring
Paint and Cou...

I recently read “The Book on Rental Property Investing” and “Negotiating Real Estate” but I can’t help but feel inexperienced and insecure about this so I am asking your help.This is an off-market three family 1910 Victorian I am looking to house-hack with 3.5% down via FHA and 203k.

(I do this to be funny mostly, no agent has ever accepted).When you leave no doubt you will close FAST, no complaints via an inspection, everyone will be forced to consider long and hard an offer as strong as this.- Buy and close- fix- Do a purchase price delated financing with bank financing (work with your lender re the time window).- Hold for 6 mo and do a cash out REFI based on an appraisal.- Or use DSCR lenders (AKA portfolio lenders, softmoney, non-agency) don't care about W2/DTI just cash flow, your FICO and equity.   

Just like if the landlord pays utilities or lawn care or snow removal or whatever maintenance needs to be done....its an expense..... you get the tenant to pay it via rent or you eat the cost yourselfWhen you leave those types of tasks to the tenant you take on the risk that they will either not be done or will not be done properly... that's on you.