Challenges?

Challenges?

Challenges?

Ever been faced with this issue?

Many investors calculate cap rate on SFRs, duplexes, etc when they are faced with choices where they need to figure out which one is the best.

Purchase price: $70,000 Cash invested: $1 Sale price: $100,000 Contributors: Cameron Whitehead, Logan Fullmer This was a wholesale deal where we had to help a family facing foreclosure on an inherited house with a total of 15 heirs and a fast approaching deadline.

These (not the counters) will probably last 50-100 years and could last forever.Home Depot/Menards/Lowes cabs (off-the-shelf oak-faced w/ particle board sides and backs) would have been about $1500-$1800 unfinished, uninstalled, without any soft-close stuff, and I would have had to fit stock sizes in a non-standard space.

I found 8 lenders to reach out to and scheduled face to face meetings with them.

That is true once you are established, but the reality is that a bank is not going to give a new face a big loan without having some assurances even if the deal looks good on paper.

It lays out the restrictions people face when in front of "delayed financing" rules in the first 2 sections (which it sounds like you are familiar with).