It appreciated significantly and also pulled out a cash out refinance during COVID (to pay for renovations on another rental). 

A good property manager can guide you in selecting properties that will attract a tenant segment with a high concentration of reliable people.Access to cost-effective resources for renovation and repairs.Lease terms enforcement.

Or if you don't want to have anything to do with renovating it either I would love to make you an as is cash offer. 

Our project is a very large building that will be renovated into high-end dorms for students on this campus.

We are currently in the process of Renovating this home built in 1965 and plan to have completely transformed it by spring 2025.

It looks like DSCR would be the best option if you recently renovated it and have it rented out/about to be rented.

Look at purchase HUDS, statement of work if it was a renovation and the sale HUD to make sure they made money on the deal.An organized and easy to navigate borrower's package.Security documents to collateralize the loan against real, tangible property.I also like to throw in some communication clauses with consequences for ghosting.Cheers!

Hi @James Heller I am fully renovating 2 of my units on a 4plex I have in Golden Hill...feel free to reach out and send me a private message if you need assistance and contacts....You can get cabinets and prefab quartz countertops pretty inexpensive and refacing is usually more expensive, I've found.  

The magic of real estate is buying a property and creating $50-100k in equity through $25k of strategic renovation while you are 4x-5x leveraged (for example...I'm obviously just making up numbers). 

I was also hoping to use those funds to “renovate/flip” my next primary.