@Guy Azta I guess my primary question is what is the hold up on the property managers end that is causing slowdowns with your contractor?

@Carloz Gil There are principles from two books that come to mind:Rich Dad, Poor Dad, by Robert KiosakiYour primary residence (unless you do a house hack, a lot of information about that on this website) is NOT an asset.

I firmly believe in this deal but if they’re out I need to go a more traditional route.

I am planning to leave my primary house out of the picture altogether.

Primary portfolio to be rental but couple flips mixed in.

My husband did it the non-traditional way too!

3)  Do you wait a year to renovate the property (considering question #1)4)  If you do wait a year and you use hard money to purchase the house, do you take out a traditional rehab loan at the end of year one or continue the hard money loan till the end of rehab (16-18 months total)?

If this were you, you would........Assumptions: house under contractBuyers credit: not greatBuyer has equity in primary residence.Purchase price: $365kDownpayment: 10%Rehab: $50kARV: $600-$620kBuyer has a HML willing to do 10% down on this contract.

She is really motivated to sell but is connected with a realtor already and the numbers don't work out for me in a buy and hold scenario so I cant offer to buy the house thru traditional channels.

Provided lending practices haven't overly loosened up, which I'm currently purchasing a home with a traditional mortgage and can tell you for certain this bank has not, then I see the majority of the market continuing to rise at a reasonable rate.