For example, if lite rehab is needed estimate X per square foot (i.e. maybe paint, carpet, small touch ups and improvements).  

What would you do next time to improve your business model?

This will allow you to get a realistic understanding of what you can/can’t afford and a baseline for what you need to do to improve you position and any additional capital to save.  2) Lenders will request the below preliminary information.Name of entity (organizational chart if applicable)Personal Financial Statement (PFS)Schedule of Real Estate Owned for each borrower/guarantor (SREO)Resume/Bio for each borrower/guarantor, if applicableBank statements for verification of depositsLast 2-3 years of tax returnsI recommend using a mortgage broker in your area that is able to connect you with top commercial lenders to get you multiple competitive offers.

Improve management, improve the assets, increase rents inline with market rates, but with tenant retention in mind, as well.

I also highly recommend watching Lili Invests on YouTube.

These subcomponents could be anything from HVAC systems to light fixtures or flooring and exterior improvements.

I invest to replace income, build generational wealth, creating an income funnel, and improve the community around meI like the search and the hunt, acquire a great property, and turning it to something great that no one saw otherwiseIP I look for a deal that makes sense that has a good tenant class, good appreciation, and solid returns (8/10% cash/cash)An agent has to have very good market knowledge, understand the local geographical attributes, and has a good relationship with their network

Fully rehabbing the upstairs kitchen, bathroom, and living rooms with medium-to-high-end furnishings (to fit the area and future tenants), and basement will have smaller quality-of-life improvements.

Hi @Luke EdwardsThe interest rate doesn’t really improve for a VA loan if you put more than 0 down.

I watched a couple of Youtube vids and set up my own LLC in NC.