Account Closed
What is considered a "good" profit on a flip to make the deal worthwhile?
Just in general, what do any of you experienced flippers consider a "good" profit to make a deal worthwhile? I'm analyzing a deal right now on a REO but the bank has come back to all offers (5 of them) asking for ...
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Rehab Estimate - Contractors.com
I found a property that I am might purchase as my first rehab project and I am in the process of figuring out how much I should offer.
Does anyone here have experience using the “cost estimator” tool on www.contrac...
Arron Paulino
Conventional Loan Then Refi To Conventional Loan
I'm considering buying a property to rehab and then rent out for my buy-and-hold strategy. It'll cost me about $55k to purchase and about $5k to rehab plus other costs (maybe another $5k). Running comps on the area, i...
David Campbell
Non-profit buy and hold
I would like to purchase 13 properties on a terrace Street. It is owned by the UCC denomination and is designed for retired clergy and their spouses to live in affordable housing. Ministers don't get paid much and are...
Chris Porter
Potential First Deal! Fix n Flip
Hello all! A little background:I'm currently deployed over seas, I'm actively looking for a way to make the most out of the capital that I'm accruing while I'm out here.. especially since i don't have any living expen...
Dustin Lord
Newton, MA Gut Renovation
My wife and I are planning a full gut renovation of a 2,300 SF single family house in Newton, MA and are trying to plan our budget. We have received preliminary bids from a few contractors and have received wildly var...
Chris Ferren
First Flip and Need Advice
Hey Everyone,
So I finally got a house under contract after about 10 previous offers on houses. This is a 3bed/2bath that is 1588 sq/ft and is an REO that needs mostly cosmetic work. I have it under contract for $1...
Joseph L.
Have to have licensed contractor?
Hey guys,
I am still looking for my first project and was wondering for you guys who rehab if you have to have a licensed contractor do the work?
The reason I ask because a family friend is a Handyman and does elect...
Seth Wilcock
Speedway BRRRR - 2/1 SFR - Full Rehab
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $51,250
Cash invested: $23,000
2/1 BRRRR in Speedway, IN.
What made you interested in investing in this ty...
Nick Saucier
$125k ARV under contract for $15k
Well, this is my 2nd home I've put under contract in my wholesaling career so far. I think it's a very hot deal and I'm excited as can be because this time I'm dealing with an elderly couple who've owned the home for...