The $42,000 renovation budget presented a clear opportunity to add value.

If we use $1k positive cash flow on the ADU after expenses (it would need to rent for over $2k) then cash flow improves to -$2,326. still a lot of negative cash flow.How much value was added by the ADU compared to the cost to add.  

There's < 2 months of seasoning for the purchase, cash into the deal is ~$975k w/o rehab (minimal planned so far - turnkey), purchased the property for 35-40% below assessed value, 825+ FICO, and would optimally like to pull out $975K-$1.15M of equity.Main scenarios we've thought of to accomplish this are: 1) structure sale of property from SMLLC to self and secure 30-year new purchase financing on deal (unsure if legal and tax implications if above initial cost basis)2) delayed financing (LTV restrictions a concern)3) cash out refi (seasoning concerns)4) DSCR (seasoning and rate competitiveness concerns)5) one of the above plus a HELOC, personal loan, etc.?

Hard money lender How did you add value to the deal?

Cleaners are very important... critical to getting good reviews... 

How did you add value to the deal?

Hi,Could anyone tell me how they like this program, is it worth it and any good or bad reviews.

The property required $43,000 in renovations, presenting a clear opportunity to add value.

In general I think it's a decent time to get stronger value or a better investment.

The property required $43,000 in renovations, presenting a clear opportunity to add value.