I knew these units needed a renovation and I am excited to get them rehabbed and get more juice to squeeze from them.The one I am currently doing will profit me another 200-225/m moreThe one that is vacant the 31st of this month will profit 400-450/m more which is no small amount. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

Either way it would be a grey area, selling a house with a different amount of units/bedroom/bathroom seems extreme though. its an auction site, I have seen auction sites miss the fact there was additional lots in a sale.

Hi everyone,I am a real estate investor from Israel, new to the Birmingham market.I'm looking to make connections, invest in fix and flip investments, build a good team to learn and if possible help and share my experience.looking forward to meet you all.

I just work the amount into my pricing.  

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Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

The additional cash you have due to leverage put into more hard assets and the cash flow generated put into fixed income/equities after reserves.

It had 22 of the 25 lots occupied but we'll be fixing it up, filling it up, billing back water and raising rent up to market.

You might be surprised with the amount of "trapped" equity you have in your current properties that you might be able to "unlock" to finance your next property.