But your learning a lesson here.. if your going to attempt to middle man deals you need to understand how title works.. you need to order a title report up front anyone can order it.. you have to pay for it.. god for bid but it is a cost of doing business.. so by waiting all the way to the end to find out title is buggered up because of others claim of interest and unwilling to sign the deed to transfer the property.. you have what we call in the industry a sale fail.. 

Tenant appears to be unresponsive after a few attempts to reach out in order to sign a new lease since they are on month to month basis.

Purchase price: $20,000 Cash invested: $12,000 My first attempt at managing a complete BRRRR but instead of refinancing into a low-rate mortgage, i'm gonna pay it completely off and turn this one into a line of credit.

In an attempt to be more proactive on the forums here I thought I’d share and ask about something you’ve successfully done (large or small) that you were nervous about but are proud you got it done.

I am involved directly with HUD in Washington to attempt to create a more national adherence to guidelines but the pandemic put a hold on that.

However, I would hope that you still have an inspection contingency and after having a home inspection you can attempt to renegotiate.  

After purchasing the program I attempted to set up my business to track expense and the proceeds from the sale and for some reason I did it incorrectly and in no way did it track anything I wanted it to. 

She's out of state, and her son is attempting to sell it on her behalf, but isnt getting a commission or anything.

You will end up losing out by attempting to convert this into more than 2 units. 

We are starting our journey as a real estate investor and I am curious what the more experienced investors think of attempting the BRRRR strategy during this time.