Up to this point I haven't shared with the homeowner the exact amount of money I stand to make on it -- only that I have options to profit off the sale.

Is there anyway to get rent money same day?

Hi folks, looking into either contractor license or architecture license to support further real estate development.

Other landlord losing money in 23/24.

Two years ago, it was higher and sellers wanted money hard day 1 in a lot of markets.I would ask brokers and property management companies and attorneys in the marketGood Luck!

That's if we're thinking strictly Houston, but for such a budget I'd put that money in a diff city or diff investment vehicle.

In terms of cash reserves outside of that we don't have anything substantial saved (our savings went to the earnest money) so our priority is to pay down the HELOC and increase income.

@Trevor MorrisIf you are looking to do value add renovation for your next investment, a HELOC seems like a great move. so long as the other investor is okay with loaning out the HELCO money as well. 

You certainly 'can' work directly with the builder, but you will NOT save any money by doing so.

The main strategy I am studying is the BRRRR and how we can apply it to the spanish market and laws so the investments can be replicable again and again without leaving big sums of money in the deals.Nice to meet you and hope we can help out each other and other Spanish members.Barry