Analysis paralysis is super normal on your first deal, especially when you’re relying on a realtor’s opinion without having your own framework yet.

Ward III Really great checklist, completely agree that readiness drives confidence with lenders.A few elements we’ve found helpful to include as well:▪ Sensitivity analysis on DSCRJust a quick look at how the deal holds up under different rate or OpEx scenarios.Shows we’re realistic about what’s changing in the market.▪ Institutional OpEx benchmarksA one-liner that ties expenses to actual operator averages helps align expectations early.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

Hello Denise, my goal is to create a constant stream of deals gain experience and help other people of my Hispanic community achieve their financial goals.

Am I just over thinking most deals?

How likely are you to find a deal like this again and when?

Sounds like they got a deal….

You want another professional working with you as a real estate professional that can give you insight on numbers and being able to BRRRR out of the deal you have now and go put the equity to use on another one to get another solid return, then push to get another BRRRR done on that deal that you will buy.

People still use it, but mostly on investment properties, commercial deals, or with DSCR lenders.

.: I was asked by a couple of people to compare doing a Buy & Hold Rental using conventional financing and buying Subject To with selling to a Tenant Buyer and what that would look like.This is an actual deal I recently did.

There are people who speciailize in these kinds of deals.