Purchase price: $640,000 Cash invested: $220,000 Purchase price $640,000Got it at this price because there is a non-paying tenant in unit 2 (rent value $3,500), we're in court Rehab $60,000All in cash (rehab plus down payment) $217,500Rehab included ground level basement and 2 parking spot drivewayMonthly cash flow $1,500 ARV $950,000Equity $470,000Refi cash out (August 2024) $150,000 (used to buy new rental)New monthly cash flow breaking even (non-paying tenant still in unit 2)New equity about $200,000

Do you want to take that chance?

Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.

Wanting to evict them are a tenant is late for a week or waiting months of non-payment to start the eviction process.

If you haven't already, respond to the foreclosure suit, and also try to get into mediation if you can (many states offer this).

See which firms are doing the most business in your community and reach out to them.

We're hoping to be able to only have 1-2 months of vacancy so we can turn it and keep the train going. 

It somehow updated to my new iPhone.

I'd hate to burst the Fix and Flip or BRRR bubble but both are extremely hard to find.

Hi @Dylan Fraembs, welcome to the community!