Currently searching for a Single Family Home located in the Newport News, VA area.

I know it sounds great on paper.. and it may work and if this is only 5% of your available cash you can take the risk.. but if this is the majority of your investing cash I say risk is simply too great ... .listen to @Curt Davis sage advice he has been around the block for many years and is not trying to sell U something like all the rest of the folks posting on this thread.

What I've noticed is that in general, people are not really getting their money's worth out of major remodels in the lower end condo areas.

@Rachel Krull I would be happy to assist you during your search.

We hope you and your family have come through the recent ordeal without any major issues.

I have self funded a majority of my 25+ projects, but I am looking to scale up my business and I want to get started slowly and small with my first funding.

So, a title search would turn up anything properly recorded.The seller may be dealing with an uneducated / inexperienced investor.

I know now, just from spending a few days discussing with you all that we have a long road ahead of soul searching and deciding what exactly it is that we are looking for.

All the BEST to you and your husband 🤗 Thank you for searching!!!!!

That's why you see all major corporations/franchises sell the real estate to an investor and then NNN lease it back.Many small businesses don't necessarily get that though.So starting off with that, the seller's accountant confirmed it would be a good move for them.