Then lastly there is always the option of a home style refinance renovation loan, fha 203k refinance, or freddie renovation loan.

The colors and design come in all styles.

We had to pay over asking but it fit the numbers I wanted to achieve so I was fine with that.

Hi BP Community- I have been reading about the benefits of achieving the "real estate professional" status for tax purposes.

You would do a lot the work the developer doesn't want to risk their own money on just to know if this land can achieve their concept. 

E g “paint bedroom 2” and “resurface cabinets in kitchen” and do this bullet point style. 

However add an addendum that you are using financing first and if the financing falls through because you are unable to achieve it, you'll still purchase the home cash. 

Was able to pull out enough to pay off GC & all outstanding credit cards.Plan is to now pay off both HELOCs w/ agent commissions, having achieved financial freedom via STR income.Listings:2/2: https://airbnb.com/h/rillitopath 21/1: https://airbnb.com/h/rillitopath 1 Lessons learned?

They don't understand the mindset to achieve my goals using real estate a long the way.

And on a purchase price of 50K all the fees associated are going to add up - closing costs on the buy, holding costs, financing costs, and then usually robust fees on the refi.Yeah it's not an easy goal to achieve I agree.