I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

You know seeing people complaining about interest rates elsewhere has really made me think of exactly that thing, borrow as much as I can, and even get friends to borrow at the lower interest rates here (assuming they qualify) and then arbitrage my way to profits.

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

However when a great property that fits what we like (ugly and a great price where we can use our skills to make it beautiful) comes around that we can take advantage of our position and get it, we want to be knowledgeable about that property type and be able to jump on it. 

@Kezia Edmonson Yes, you can use a 1031 exchange to defer taxes on the sale of your single-family investment property when purchasing a multifamily property, but only the portion used as investment (the three rented units) qualifies.

I think this was to ensure your buyer can qualify for a loan.

The tricky part is how you are looking to qualify.

A REAL fixer needs so much work that it doesn't qualify for traditional financing options.

It could be the lack of screening skills.