Ok ok thank you so much I will have to look into this a great deal more.

So I approached the foreclosed upon owner this week to confirm that she had sold her right of redemption... she confirmed.But the investor has not filed the petition for redemption.And of course the court has not approved the sale.I am bummed about losing the deal.  

-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.

We have had to walk away from some decent deals because rates were too high to make the numbers work.

Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.

Here in the Myrtle Beach area there are plenty of deals that will cash flow with a 25% down payment.

@NA NASince this is your first purchase, focus on finding a property where the numbers work, rather than just any deal.

Whether you are a veteran looking to buy a home or an investor seeking the right funding for your next deal, I am here so put me to work.  

Honestly, every deal helped me grow, and I’m sure it’ll be the same for you! 

Quote from @Diyan Yap: Welcome Mark, we are both in Texas.What strategies do you know and have you found any deal yet?