hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?

Purchase price: $55,000 Cash invested: $1,500 Sale price: $69,900 First house that I bought knowing it was a good deal going into it that needed no work.

I have had several Colorado LLCs (single member LLCS with one single family residential rental per LLC, so very small-time) for a decade, and always file my periodic report so am in good standing with the Colorado Secretary of State, but have only just heard that I need to file a BOI report before the end of the year.

There is always a crisis going on.

I find they way to make it work.

If you go into this with the "taking care of families who can't take care of themselves mindset", these people are going to tear your business apart limb from limb.

Some things came up in the inspection that increased my potential rehab costs to 20k on the high side, likely 18k.   

It was a badly organized auction and supposed to be absolute.

We won out mainly for purchasing without a loan (yes, hard money, although strong, can still go sideways in a deal).

Hi,I'm purchasing a rental property that we're going to Airbnb.