It sounds like the original contract was not executed by the legal owner.

My plan is to flip until I can get enough capital together of my own to execute the BRRRR strategy on SF/MF rentals while likely continuing to flip (or whatever seems best once I get there).

So, get under contract, look for a tenant, then execute contract once a lease has been signed.

It works sometimes and I use it for anyone renting with me now, past or if they have a fully executed lease for next year.

We'd like to utilize this plan/design to gather bids from GC's (also open to good GC recommendations) to help us execute the project.Anyone have any strong-fitting, local Austin-based investor-minded planners/designers for a project like this?

For my deals, the other obvious points I can reference are having a seasoned real estate attorney who has done private financing and knows and has executed state foreclosure laws, to not lend as owner occupied, verify carrier for builders risk insurance, have your LLC as additional insured, have additional draw conditions (D-T vs.

So now you are in a very costly loan with a fairly short window to execute.  

I have an oversees friend looking to set up a REI team in the US, and he is looking for a recruiting agency to help him find talent. Does anyone have a recommendation for that?

They will handle all of the marketing, inquiries, lease execution, showings, screening etc. on your behalf.

I plan to move forward and I’m not scared to execute once I’m able.