All Forum Posts by: Zach Witt

With that large of an ARV why not sell and use that cash to buy more properties. That's a huge profit on one house, seems like you got a huge head start to build your portfolio.

That's what I thought, thank you for the quick response!

I keep hearing people looking for houses with two meters, why is this a good thing?

@Sean Sloop so on your success deal, you had about $24,000 of your own money in it. It then appraised for 64,000 x .75= $48,000. So the remaining $24,000 was your cash out?

Am I missing something here? Why are you not subtracting the rehab costs in your final equation. If you subtract your rehab costs you actually lost money? Honest question, I mean no disrespect.