Between our equity in properties and money in savings I believe we could comfortably acquire two to three more houses, we just need to have a conversation about risk tolerance I guess.

There is a small amount of rehab required to reach the full cashflow potential.

Partner Driven was interested in the Curran St deal in Burlington, IA, due to its high profit potential.

Instead of buying a new one to BRRRR, you could potentially renovate your current rental, refinance, and then start using the 100k to scale.

When that 3 year balloon is up and you have to go to the bank, at that point it's a refinance, not a purchase, so if there's equity in the deal, no down payment will be needed... because it's a refinance.You are right, there's some risk.

Wondering if there is an existing clause that would allow me to back out of the agreement if my buyer can't close or changes their mind.My spread is only a couple thousand and I'm not sure that it's worth the risk.

Scholastica Dr deal in Slidell, LA, due to its high profit potential.

There are problems and risks involved that is the nature of it.

It's ONLY an adjustment to risk exposure.

I'd see if you got a warranty. in all of our new builds we actually have the deal underwritten by an external builders risk policy by an insurance company as a smaller builder it hedges our risk and helps the customers be very happy. it's typically 0.5% of the purchase price.