With BRRRR, you can recycle your capital more quickly, but it requires solid rehab and refinance execution.

But they are picky and usually don't, so I'm not going to sit around waiting for them before putting it in front of those most likely to actually pick the deal up and execute successfully.Even when agency does pick it up and it's 90% certain the sponsor will go that route, not a single person has ever said "man, Chris, I wish you had only given me that one option, instead of these 3 or 4 other options as well, I hate having meaningful options." 

(that's lying by omission)Two Former Directors of Boston Nonprofit Indicted on Additional Fraud ChargesDefendants allegedly defrauded Boston COVID-19 relief fund and Boston Office of Housing StabilityBOSTON – The former founder and chief executive of the local nonprofit Violence in Boston (VIB) and her husband, also a former founding director of the organization, have been charged in a superseding indictment today charging additional schemes to defraud the City of Boston out of COVID-19 relief funds and rental assistance money.

The clear value and ready buyer pool made this deal one that could be executed quickly with confidence and precision.

@kevin reverse works but is more expensive AND you have to be well capitalized to execute on it!

I’m happy to share how we’re structuring deals for investors in 2025 so they can focus on execution, not chasing capital.

This deposit would be non-refundable, so you only execute this extension if you know you can close on the property, but it tends to take a lot of stress off of you when the bank says they need more time. 

Release tied to delivery of vacant, undamaged units (or after specific milestones like writ executed).Seller-paid legal: seller funds your attorney retainer from proceeds.Per-diem penalties for every day past a hard date that units remain occupied.Cash-for-keys budget pre-approved with the seller.

You are not alone in the way you approached this home renovation, many in your shoes struggle with the same issues on their earliest renovations but the real lesson to be learned is to vet your contractor and take the time to execute a contract that covers timelines, payment schedule, scope of work, finish spec allowances, insurance, warranties and a number of other key contract provisions intended to protect you.

We do a lot of volume so this was just one deal.. but for many investors who might only have one deal going on to get wrapped up in Bildwise in ability to execute then blame everyone else for their problems I can see that really huring other folks.