BRRRRs are really tough right now with interest rates high, rents flat, contractors booked up, and tremendous competition for deals.i always get nervous with HELOCs as down payment because it can mean that you're not well capitalized. 

Hey @Isadore Nelson - appraisers are 3rd party vendors that won't take it well if anyone tries to influence their decision of the valuation. 

The lis pendens would be the key to me because if the owner isn't offering anything I think they very well would negotiate once a lis pendens is filed against the property. 2.

Often the seller isn't really dealing with reality well - saying 'mentally challenged' is probably an over statement - but they are so desperate, or in such a bad way for whatever reason,  they will grasp at any straw put in front of them.  

The successful sale underscored the value of swift action and strategic planning in maximizing profitability in real estate investments.

Going well so far. 

And we have documentation as well as elated clients that will attest to those rents as well.

If some of you think now is an awful time to do this (re: interest rates) I'm open to being told to wait as well.

If some of you think now is an awful time to do this (re: interest rates) I'm open to being told to wait as well.

If the resident plans to stay a while, they are asking us about a lease.