Hi Everyone I just completed my first flip 2 weeks ago.Here are the numbers.Outer Banks NC little beach boxreferral from my mom (co-worker)Lady had already been through Bankruptcyloan was with Wells Fargo conventionalowed $240K and was $40K behind/interest/lawyers fees etc.Total $280k.contacted a local agent (buddy) for CMA.I offered $65K grossmeet BPO agent she said "this looks like a tear down" all I heard was CHA CHING.BPO came in at $85Knegotiator told me the BPO amount ( I already new it from the BPO agent) and said they had to have 85% I offered $74850 gross and had $1500 negotiating fee and $1000 Doc prep fee in that.

FREE & CLEAR = CHA CHINGHave you asked the seller about carrying the note?

There are pre-set budgets for doctors to follow, if the doctor is below the budget, CHA CHING there's a bonus.

Cha-ching!!!!!

After 2 1/2 months on the market it sold for $1.4MM...I still walked away with a substantial profit, cha ching...my first flipped DC brownstone over 180k....minus Uncle Sams cut ...

If it has CHA, it will rent for 750.

I buy townhomes, condos, and SFR's in this market and i'm about to lease to CHA tenants in this city. 

Ok, it looks like it is official Rams in LA 2016 season and then either the Chargers or Raiders come in 2017 option.http://www.latimes.com/sports/nfl/la-sp-nfl-la-cha...

  $9500 buys a 3BR with CH/A. 

On a per capita basis we are right behind Baltimore and Chicago.  3BR houses in a decent neighborhood with CH/A sell for $9500 if they are a bank foreclosure.