Dealing with a dead body was a lot easier and cheaper then some of the nightmares i experienced.I still can't shake the memory of the one who painted the ENTIRE house in feces art. 2 stories, every room.

The deal fell into my lap.

Basic, but functional faucet.Appliances ($3,500):Focus on essential replacements.Refrigerator: Energy-efficient model.Range: Standard electric or gas range.Dishwasher: Basic model.Consider deals, scratch-and-dent appliances.Lighting ($1,000):Recessed lighting in the ceiling.Under-cabinet lighting.Basic pendant lights over the island.Paint & Trim ($500):DIY painting.New baseboard.2.

Purchase price: $122,000 Cash invested: $41,000 Value after renovation $175,000.Closing $ 31,000 Renovation $ 10,000 How did you add value to the deal?

I wish you the very best of luck and I look forward to hearing about your first successful deal. 

He had the deal at a steal of a price. 

Wondering what the process looks like for getting a conventional loan for an out-of-state deal.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

You can find some 2 units under or around $250K but they have been sitting on the market for over 150 days which tells you its not a great deal if it were an investor woud have already purchased it 4 month ago.  

I like it because I only need $5K for each deal (although I can put in more).