Something like an electrical panel replacement is a problem, if you swapped out some outlets, that isn't as big a deal (at least in my area).If we are talking about major construction, like an addition, they could make you tear it down.

Unless you can find a true deal, I recommend broadening your scope from just SLC.

Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.

Purchase price: $420,000

Cash invested: $5,000

Sale price: $460,000

Owner occupied, received multiple of...

Hi everyone,Situation:A foreclosure seller called me back today to finally make a deal. 

Start cold calling and find an amazing deal.

My biggest advise is to not fall for lower price tag deals. 

Deal flow? 

I'm getting a lay of the land and found a potential deal in Palmetto Beach.

this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).

Anyone have an attorney that they could refer me to who’s investor friendly & that understands as well as structure wholesale/assignment of contract deals in Orange County NY area?