My business partner and colleague @Glen Gunawan have started a real estate acquisitions and investment firm based in Los Angeles, CA.

Although I'm still in the saving/education phase on REI my goal is to make significant progress toward the acquisition of a property by lining up financing ahead of time and then actively looking for deals in the East side Greater Cleveland area.

We have built a business around helping the investor get from Acquisition of the asset to end buyer.

Hi All,Does anyone have a calculator that addresses, acquisition, construction/rehab costs and take out financing in order to see ALL costs involved in the transaction.

The additional criteria on the BRRRR is the All-In Cost (cost of rehab, acquisition, closing costs and holding costs) has to be a 1% to 1.5% rule cash flow property as well.I would argue that the BRRRR is slightly less risky than the flip because I am not paying 10% in selling costs not active income taxes, and if the market crashes my cash flow would pay for the mortgage whereas I would pay for the holding costs on a flip.

Pro's will be that you'll have established your primary residency upon purchase with the private money so occupancy will be questioned less especially if you have 2-3 months of utilities bills the con's will be that you'll probably have had higher costs of acquisition/purchase since private money might cost points or higher rates and you're paying transaction costs twice (once for purch, once for refi).

I also get paid on the acquisition, the construction, and the sale.

I highly doubt the plumber is guilty of this acquisition, however I am seeking advice on how to handle this situation.  

Now A and B can't close until C closes, so you delayed two mortgages (and possibly lost a home if either A or B were a purchase mortgage) for the sake of C.Some lenders have overlays prohibiting "rapid acquisition."

Walk by the property frequently and you may get lucky catch the owners or contractors there ... basically, good, old fashioned detective work, which could actually be fun and highly educational for future acquisition skills even if this one doesn't work out for you (most don't, but if you keep trying then some do).