J Scott breaks down all the fixed costs on closing a wholesale/flip deal.

I am the opposite I have never bought new tires for a car in the last 20 plus years except for my Porsche which chews them up. and my model X Tesla which weighs a ton.. when i need new tires I get a new car :)  PS when the clutch went out on the Porsche at 25k miles and out of warranty it was 5k to fix it..

And IRR of ~ 10.77% over 30 yearsProperty 2 - Opportunistic BRRR single family Home 70% equity 30% mortgage on 30year fixed... currently living in and have contract to rent 2025 summer Looking to learn more about real estate acxoubting...

I don't get into pissing matches online. 

Our loan balance is $640k (rolled a HELOC that we used to buy a triplex into the primary mortgage back in 2020) on a 30-year fixed @ 2.85%.

If you can match the paint, the walls could probably be touched up. $3,000 is reasonable for a full repaint.

Then your strategy of offer full price and then negotiate down / what if they say we will fix the repairs then you would be forced to close and lose your EMDNot sure where you came up with this but many will view components of this as unethical and why investors get a bad rap from politicians

Not fixing anything!

Buy the worst house in a great neighborhood and fix up.  

I think my ideal investment is a fix up duplex.