They award $10k towards the winning idea...which will be a huge input towards what we are trying to do!

What's so great about a successful BRRRR is that if everyone gets their initial money back (what you should be aiming for), then the profits are almost like a bonus.

So basically 203k can be a win/win for everyone involved, including the agents if they calm down about the timing and realize that 3% of $450k is a bigger number than 3% of $300k.Make sense? 

Of course a great deal on those properties is a bonus!  

Here are the details:-2 Identical duplexes @$310k each-Each has (1x) 3bd/2ba w/2car garage & (1x) 2bd/1ba w/ 1 car garage-Each 2bd/1ba’s has a bonus room that can be converted to a 3rd bedroom- the duplex units are separated by their garages (in the middle)-Currently rented on month to month leases way below market.

Either way should be a win. 

Purchase price: $185,000 Cash invested: $27,750 After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB -------I love this property because seller gave me 85% VTB for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both of usfor seller he doesn't have to pay huge capital gain this year for me normally I would not get mortgage Purchase Price - 185,000Down payment + Closing cost - 31,500Renovations - 25,000After Repair Value - 240,000Potential Rent - $1700 per monthNet Cash Flow - 200$ per month What made you interested in investing in this type of deal?

Purchase price: $185,000 Cash invested: $27,750 After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB I love this property because seller gave me 85% VTB for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both of usseller doesn't have to pay huge capital gainsPurchase Price - 185,000Down + Closing - 31,500Renovations - 25,000After Repair Value - 240,000Potential Rent - $1700 per monthNet Cash Flow - 200$ per month What made you interested in investing in this type of deal?

Purchase price: $185,000 Cash invested: $27,750 After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB I love this property because seller gave me 85%LTV for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both of usseller doesn't have to pay huge capital gainsPurchase Price - 185,000Down + Closing - 31,500Renovations - 25,000After Repair Value - 240,000Potential Rent - $1700 /monthNet Cash Flow - 200$/month What made you interested in investing in this type of deal?

Purchase price: $185,000 Cash invested: $56,500After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB Seller gave me 85%LTV for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both [seller doesn't have to pay huge capital gains]Purchase Price - 185,000Down + Closing - 31,500Renovations - 25,000After Repair Value - 250,000Potential Rent - $1700-2000/monthNet Cash Flow - 200$/monthWhat made you interested in investing in this type of deal?