If there is an outstanding balance when we sell the quad, would that just be rectified by the title company?

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

With determination and a proactive approach, you are well on your way to achieving success in your wholesaling venture.

This sounds like some kind of special program that they will balance sheet.

Or would alternatives like small balance commercial loans, portfolio products, or other creative financing options make more sense for a deal this size?

I’d love to hear more about how you balance the different strategies and any tips for someone looking to get started in a market like yours.

Central VA has a growing investor scene, and you're likely to find others balancing family life and deal flow.Keep showing up, your perspective brings real strength to the table.

Since I need money yesterday I am contemplating selling.I have a $60,000 remaining balance on the mortgage and the comps are between $185-$200,000.My question is should I sell as is or try and get a hard money loan and update to maximize ARV?

But here’s the reality: neglecting your tenants comes with a cost that doesn’t show up on a balance sheet—until it does.Unhappy tenants don’t just churn faster.

I sent you a PM to connect, and see how I can help you achieve your goals.