All Forum Posts by: Ray O'Brien

City of Duluth about 85000.  Whole area, maybe 150,000.

Thank you @Laura Jonikaitis @Will Martin and @Andrew Syrios!  Now the fun, or work if you want to call it that, begins!

Does anyone know of any hard money lenders willing to do business in the Duluth MN area?

So I've found a deal and have it under contract. Its a Duplex in Duluth MN bought it at a Hubzu Auction. Price including their fees about 57000. Going to need 15 - 20 k in rehab. Plan on making this a BRRRR, ARV will be about 120k. going to firm up the numbers this coming week. More to come . . .

or Rather what did I enter incorrectly?

So.  Got outbid on that last one. 

Looking at a property, 8.61 %  Co CROI 1st year.  Inf

% after that.  did I enter something wrong?

Thank you Nathaniel!

looked at the property, made an offer!  Wish me luck.

ok, got preapproval looking at a 50k sfr, 4br 1 bath, though I haven't been in it yet.  Pictures look good, cash flow should be nice, but haven't seen the foundation yet among other things of course.

Ok, understandable.  I thought that might be the case it but I wasn't sure, thanks @Alexander Felice and @Wayne Brooks