If you are both up for a challenge like a flip, remember to consider margins/rehab cost/lending requirements etc. and read the BRRR book by David Greene.

Challenges?

You want to limit as many future challenges as possible before you even make an offer.

Not that it was needed… multiple inspections since show normal settlement and nothing that indicates a sinkhole.I would like to sell the property for fair market value, however I understand that with the “sinkhole” history the house will sell cash only, 15-20% under market value, since owner/occupiers will have challenges getting insurance and financing.Any ideas how to remove this blemish?

Challenges?

I also have a couple other options.Option B: I also have ~$200k equity in my primary residence; so can HELOC and then use those funds to pay off properties 1 and 2 to continue to BRRRR.Option C: I have a private money partner willing to loan money to me; my challenge there is I don’t know how to structure the partnership deal.

Challenges?

Challenges?

Challenges?

Challenges?