We find, acquire, manage and find operators for high-cashflowing AirBnb-approved properties across the US.Do a lot of business in the South and Southeast.

These clowns are so desperate to catch a sucker, they probably waste 90% of their time having conversations about how to invest and just keep trying to push them into their market when the person doesn't even have money or a pre-approval.

This protects you in the deal if the home appraisal is low or a home inspection finds major issues with the property.Have your finances in order with either a pre-approval letter or cash to buy the home.

I get the gist of this but not completely sure how it works out also would it be smart to use a private money lender for gap funding in order to come with the capital needed to get approved for the fix and flip funding?

Hi John,For something of this size, the seller might be willing to carry a portion, but odds are your lender wont approve of it.I would look for an equity partner if I were in your boat.

I had one lender tell me its impossible for you to buy another property and another lender ran it differently and approved me for 600k.

It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)2.

The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.

Talk to your preferred lenders about whether they see a cash our re-fi as being approved with the same standards as an investment, i.e. loan to value, debt coverage ratio, etc.

Did you use a state-approved contract (if applicable in your area)?