Philly sends notification of potential leak after 96 hrs of continuous use, I got a plumber in today and possibly issue with toilet but its not confirmed as nothing is leaking consistently.

I've been an investor for over 30 years and my focus has mainly been creative financing strategies (Lease Options, Subject-Tos, etc).

Observing that the business consistently attracted a loyal clientele, coupled with high profit margins on services rendered, I saw an opportunity.

What strategies do you recommend to optimize results?

If they seem agreeable and friendly, cash for keys is a tried and true strategy.

We now have a new strategy which we are asking for input on before we move forward at a fast pace to scale quickly in 2024.We plan to use a HML for the Acquisition, Pay cash for Points/closing/repairs(no HML draw costs/waiting periods).

Things take a little longer that you anticipate but patience and consistency make all the difference

buying existing inventory is only one strategy. you need to study other strategies and not just depend on the same one. look at buidling for profit or building to hold. both work very well here.

Like, if you wanted to do a 50-50 JV within an LLC where one guarantor has a better FICO and the other has more experience, there are some means where that would be beneficial.There are some lenders that actually only lend to LLCs (or some kind of business entities), but it does really depend on what you are going after and your general growth strategy how you would want to go about it.

Base info: Purchase price: 730k newly constructed town houseOption 1. 30 year fixed, no PMI, Interest 6.875%, total closing cost 92k with 10% down, monthly payment $5000Option 2. 30 year FHA, Interest 5.5%, total closing cost 89k with 10% down, monthly payment $4700Option 3. 40/15 year balloon, no PMI, interest 6.625%, total closing cost 47k with 5% (max) down, monthly payment $4700Option 4. 30 year fixed, Interest 6.5%, total closing cost 85k with 10% down, monthly payment $5000My strategy is to reside in this property with roommates for 1-2 years and then renting out the entire property once I purchase another one.