In that case, she comp'd it assuming it didn't have the extra bedrooms and then just gave us a $3k boost for each room we built (2).

We let them rep us on the buy & resale once it's renovated/built, and they are happy to try and work with us on a deal where the seller wants an all-cash, quick close, or the home won't work for conventional lenders/end-buyers, etc.It is hard to find 60-65% of ARV deals, but that's why we are still around!

The rear house has all of the value as it is a 1300 square ft home from the 70s; the front house is 580 sq ft built in 1952. 

I built a list and skip traced 750 addresses.

Hello all,Looking at a 3 bedroom 2 bath built 1970 in a fair part of memphis.Price 39,000Repairs 10,000ARV 77,000Rents in the area 925Would you buy and hold?

He did emphasize that Greenfield is a small town where everyone know everyone and they are set in their ways.

I’m a fan of using that equity built up just sitting there doing nothing.

The local area has similar homes without the land but closer to town with rent over our mortgage so I’m hoping it’s possible.

the first house I built there sold for 350k this one will sell for 900k ..

Unfortunately, I'll be out of town on this one, but happy to connect over the phone anytime.