If you buy 100% financed it is very difficult to cash-flow.

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

Hi Jason,Here's a few things I'd be mindful of:Separate Personal and Business Finances - get an EIN, open business bank account and use it exclusively for businessMaintain Documentation - keep records of all business transactions and contractsComply with Legal Formalities and Tax Regulation - adhere to all state specific regulationsIn terms of the STR and LTR, it's generally recommended to put them under an LLC by transferring ownership or quitclaiming.

This is where the lender will finance your purchase of the property based on the fact that you have an approved buyer.

Hi friends,I'm a licensed realtor in the Denver area looking for real estate attorneys that have experience with creative financing, foreclosures, & wholesale transactions.

You may be able to finance up to 75% of the appraised value as long as the rents can support the mortgage payment.

How did you finance this deal?

I'm at a greater disadvantage because my part of the funds has a higher financing cost  2.

:) A good agent will meet up with you for a few hours, and along with educating you on the entire buying process (financing, contracts, inspections, what to expect in negotiations, etc) they will also be able to guide you by running comps and telling you if the home is priced well, as well as discovering any issues preventing the property from selling (liens, disputes)...Not sure about CA and AZ, But I have a buddy who renovated his dental office without pulling permits, and when the city found out, they made him literally gut it and redo it with permits.I would urge you having some conversations with agents in your area. interview a couple, and they should guide you in the right direction.

From my understanding, her initial plan going in was to use a HML to finance the land purchase/construction costs to build on the lot.