Cash-out refinance w/n a yr.

Its a bad buy n hold.   

I wanted to know the difference between the two they both offer a D U N S number but with different costs

Hey @Tanara N Taylor!

@Tanara N TaylorWelcome to the BP family.

I see these abandoned homes as an amazing opportunity to 1) improve these communities for the families that live in them and 2) build a nice portfolio of either rentals or fix n flip investments.

I keep on going between the pros n cons and back and forth between the two.  

Most of these houses lack insulation, have old single pane windows, have galvanized/copper/cast iron/PVC plumbing all in the same house, post-n-knob electric or cloth wiring or both, and lots of bad remodeling done over the years.

@Lavonzell N.  

So long as you have all of the following, you'll be able to scale your portfolio quickly and meet your goals no problem:1) Liquidity for Down Payment + closing costs (Typically 25% down, similar to Fannie/Freddie conforming investment N/O/O product)2) Credit Score of at least 680+ (some will go down to 620, but terms get u.g.l.y.)3) Property Debt Services the mortgage at least 1.1+ (although there are no DSCR lenders, again, rates increase if that's the case)4) Property's values aren't too low - portfolio and commercial lenders like to see 1-4 Units have a minimum value per door for 50-75k+.