@Timothy Altman recommend you start by making an offer that meets your ROI target.The seller will probably reject your offer, but it opens the door for further discussions.You can then discuss alternative transaction types.

We are also in the CRE space, so I'd be happy to offer any advice I can.

I am looking for someone who can provide an expert assessment of the property's condition, outline the necessary repairs and upgrades, and offer reliable estimates for the rehabilitation costs.Any guidance or referrals you can provide would be immensely appreciated.

We keep your doc's stored in a secure portal that you have access to and we can use for any purchase or refinance in the future it does cut down on the time frame next time around.It's also good to take a look at other bigger banks programs and how they can help offer lower rates and not have to pay points like lenders and brokers charge!

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

That being said if your new purchase will cash flow then I would recommend Brandon Turners new mortgage platform betterlife.com/ref.

We typically won't look at deals offering less than 10% CoCR.Honestly, I don't see much of a deal here.

You are not going to find a deal; a deal comes when you recognize the potential in a property and then make an offer for it to become a deal.

If any one can offer insight and/or advice to get started for my situation, that would be appreciated.  

You will need it in place to submit offers, getting your POF/Approval letter, and will avoid delays once you have started the process.