I want to share with the  BP COMMUNITY my alarming experience today, it never happened to me before .After 2 EXTENSIONS on the closing date, because the mortgage broker ( bridge loan ) keep asking for more and more pictures of the before and after of all my properties in order to proof my track record and reevaluating  the property appraisal done 4 weeks ago, finally I closed today ,  OR I THOUGH THAT I CLOSE TODAY but the title company called me later on today, saying that they are not getting the wired from the lender, the mortgage broker sent an email to me and the title company asking for a 3rd EXTENSION because they need a few days to fund the deal because they are dealing with A SECONDARY MARKET VOLATILITY and they COULDN'T SELL THE LOAN TODAY , and that on Tuesday they will know the terms under which they can sell the loan than proceed to fund the loan. 

I'm just about to complete an extensive rehab, which finally gives me a good read on my CapEx allowance and that is working out to be 20.6%. 

Some GCs are great at cosmetic rehabs, others can do extensive framing, etc. 

We remodeled this pretty extensively - new kitchen cabinetry, bathroom vanities, lighting.

All the money you save by having roomies pay your mortgage can be put towards your first STR purchase, which could come along a lot quicker than you realize.If you haven't already, read "Set for Life" by Scott Trench - he talks extensively about the benefits of house hacking as well as the basics of real estate in general. 

They let the raised bed garden turn into a wild weed park and added some odd stone extensions to the raised beds; we spent over 10 man hours on Sunday trying to rehab it (still not complete).

Sign a one-year extension at $XXXX and any other changes I want to make to the lease;2.

We have communicated extensively with the real estate agent/property manager and the buyer.

Wondering if anyone has executed a loan or extension backed by a pre-signed deed in lieu?

Roughly 85% of our rental contracts fulfill the initial 2-year lease and a vast majority extend for longer and 98% of our lease extensions include a higher rate.