Hi All, I know I haven't been on here for a while, but I've honestly been too busy to log on and interact.

I’m getting 15-30% CoC on them and I’ve bought 3 in the last 18 months.  

I am looking to do some financing to build on one of my vacant lands.

- How should we structure the deal legally for a BRRRR strategy?

I would assume asking proof of income on something like this is not unusual to request in a sale.

A lot of borrowers shop lenders for days to find the "lowest rates" just to find out 3 weeks later that the lender cannot perform on their promise.

For $120,000 thats more than fair I'd say.This is a great deal.

I work full time and have partnered with others in DFW on assignment of contract deals for a few years now.

We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

Hi BP members,I have a 4 year tenant that has be fine, no problems and always paid on time.