We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I think it depends on the area and insurance costs.

No properties yet.

Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

I am open to it- but unfortunately, I am not looking to move until another 2-3 years- my partner and I rent an apartment on IOP and we love the location and the cost is actually incredibly low which is great.

Selling means giving up an incredibly cheap cost of capital, especially in an appreciating area like 28277.I direct my investors to 28277 all the time for appreciation-focused plays.

@Mike Levene cost to build per square foot is $200-$300 depending on finishes.So, you can start with that.

cost of doing the deal. 

A deal that’s “close” but not quite right can still cost you big.

Honestly, just don’t try to rush it—take your time and make sure you understand every part of the process before jumping in.5.Software for Deals:So, for docs and contracts, DocuSign is a no-brainer.