My question is, why did you buy a house for 115k that you didn't plan on rehabbing with a hard money loan?

Most 1-4 unit real estate investors are using DSCR loans right now for any buy and holds while flippers lean on higher leverage bridge/fix and flip loan options with higher interest rates.

I did buy a website which was expensive and produced nothing, still trying to decide what to do with that sunk cost.

Now a-lot of times you buy a home from someone with seller financing and they hold the note for 6 months to season it and then sell the note to another investor or a firm and then it will most likely show up on your credit because these are more sophisticated investors.In regards to the benefits of owner financing you won't have to pay closing costs to a bank.

We all assume this isn’t a house you’d buy with your own money.

@Wesley Sherow would love to learn about your PM-co as I’m looking to buy-and-hold in Capital Region.I’d be curious to hear y’all thoughts on the Amazon/Regeneron hiring impact.

Majority of our non payers failed to prove they had any income disruption and are buying new TVs bikes, you name it.

I hope to buy my own property in the next 2-3 years (maybe sooner) so let me know if you want to connect!

The Retainer Fee is credited towards whatever they buy from us in the 90 days, so in effect, costs them nothing.Note: we're not doing this to make money, but to avoid the time-wasters.

One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.