This is a powerful strategy that allows you to arrange a deal and make a profit using owner financing of sorts and finding A tenant who will rent from you and eventually buy for a profit.

Have them tape it to the inside of the electrical box.

More details:--5bd, 2 full bath, 2 half bath converted into 5bd, 3 full bath, 1 half bath--1960s home, complete gut, open floor plan, new electric, plumbing, HVAC, kitchen, baths, etc. completely new house: higher end upgrades with everything tile, custom built ins, etc.  

Of course electric and plumbing will be subbed out.

I did this with the intention that I would immediately be able to get an 80-90% ltv heloc which would allow me to have buying power when the right opportunity arises, without having to pay debt day one with a mortgage. 

A better understanding of all the areas to look at and evaluate with plumbing and electrical, this is where our budget skyrocketed.

The one children of the owner have power of attorney who I’m talking to about buying it with, but they all insist that they cannot sell the house until the mother passed away because that’s what they promised her.

Engineering , store , pool pond , roads , water, sewer , electric .

As well, I am proud to have somehow powered my AirBnB business through the 2020 (and beyond) Covid-19 Pandemic during a time that our industry was utterly decimated!

The basement has a separate entrance and electric meter (it seems like someone already rented out the basement before).