Have you thought about reaching out to a HML to finance this rehab?

Until then , it may be a non issue or if there is damage, you address it at the time.  

Hi folks, first post here so please, be gentle. North Jersey resident and looking at investing out of state. I've been reading and learning a lot recently about how to calculate ROI, and eval good rental cash flow. Wh...

One of the main reasons I have come across on why people aren't buying cheap properties in my area is that they don't have 14k and the money to rehab the property; they would rather put down 5k or 10k on home in a 100k neighborhood and make poor returns until their 30 year mortgage is up.

I may have to find one in severe need of rehab that I can buy dirt cheap.

(youtube) visit home depot and start rehabbing.

My background in real estate/rehabs has been full gut job remodeling houses that my parents have lived in as well as remodeling my current home, at one point I was a mortgage loan originator (helps knowing how mortgages/financing works), and I'm currently in the process of getting my home inspection certification to help identify issues for my own benefit was well as generate additional income.  

Finally, I struggle to quickly get from address to offer.

I am currently in the process of obtaining my first buy and hold property..my only dilemma is which route to go in order to finance the property..to give you guys an insight on my scenario I have good credit (740+)..access to down payment money (10,000-15,000)..no prior investment history..Im not sure if I can do a conventional loan because my debt to income ratio may be too high and from my understanding (correct me if I'm wrong) Hardmoney lenders are typically better used with flips and rehab properties..can anybody help me understand my options to financing my first buy and hold property😩..thanks, Shane

This created the issue of tenants breaking the lease and a three month rehab project.