Some people do well with it.Good Luck.

So you are acting as a GP of a Qualified Opportunity Fund, taking capital from outside people?

The VA loan is a powerful tool with a lot more to offer than most people are aware of, a good agent will help you maximize its potential to kick start your REI journey. 

JUST DON'T BS ANYONE (EVEN IF A AGENT WASN'T INVOLVED)IVE NOTICE A LOT OF WHOLESALERS WHO FAIL AND/OR HAVE DEALS FALL THROUGH DON'T DISCLOSE EVERYTHING UP FRONT WHICH LEADS TO A SERIES OF "SURPRISES" FOR BOTH THEIR BUYER AND THE SELLER.. 

If I would not consider fighting this, it means few people would.I hope you knew this could happen as part of your due diligence when adding the JADU  Good luck

A lot of people decide to enter the world of short-term rentals without first checking the municipality's short-term rental policy. 

We did find a RE attorney from the Grand Rapids area that has structured a handful of similar land-contract projects and he will take the lead with the paperwork. 

We got it ready to rent and although we had many many people inquire, they didn’t want to pay the price we posted.

So, then you’d have change title to your personal name to refi using a primary residence loan, so you’d have to find a lender, FHA is out, which would let you Simultaneously transfer title to your name and refi at the same time…might need some luck on that one.Also it is Not a cash offer, which means you Already have the cash when you offer…..which is Why people prefer a truly cash offer, since there is No chance of the sale falling through due to the buyer being unable to get the loan (for their “cash” offer). 

Focus your energy on moving forward. if you need help with people to get the space ready again to rent let us know.