Keep in touch after the initial contact until they decide to work with you OR until they tell you to leave them alone.All the best!

You have initially asked if they intend to renew but they said they are thinking about it. 

Purchase price: $195,000 Cash invested: $60,000 Sale price: $282,000 Live and flip property initially purchased with the intention of buy and hold but change strategy to learn more about rehab.

The bank would lose their $ on a deal after you lost all of the equity in the form of the initial down payment.

That cashout refinance allows you to pull cash out for down payments of another or simple replace your initial capital back into reserves.

The property achieved an excellent outcome, consistently surpassing initial Pro Forma projections with occupancy rates of 80%+ during peak seasons.

The contractor mentioned the roof and HVAC looked old, but he wasn’t sure they actually needed to be replaced yet.My question is: Should I leave these items out of my initial offer and adjust later based on the inspection results, or should I assume upfront that they’ll need replacing and build that into my first offer?

All in all the distributions were paid slightly lower than initially expected while the remaining is accrued. 

So, they looked at their commercial providers, and I received an initial quote for $9,000 per year, which is about twice as much as I was expecting. 

You also can get rates lower than 6.50% right now and you can also elect to take a 40 year or I/O interest Only for the first -3 years to help maximize the initial cash flow.