Purchase price: $915,000 VA purchase, sfh, 1st floor fully remodeled for sale, incentives in purchase - 15k cash credit (paid warranty policy, outstanding HELOC, loan fees).

I opened a HELOC on my main property thats in another state to pay for the down payment and remodel.

This location is amazing and you can easily add the square footage to get over 2 million at the sale after the remodel.

Purchase price: $80,000 Sale price: $85,000 Cosmetic remodel project on a small house in Las Cruces How did you find this deal and how did you negotiate it?

The rest could go towards remodeling the bathroom(s), kitchen, and paint. 

I remodeled all of the cosmetics in the property and also replaced the roof and landscaping What was the outcome?

I also used my accumulated experience here to start a remodeling company, where I helped local homeowners with their projects What made you interested in investing in this type of deal?

Keep in mind if you remodel versus new construction, there are likely different building codes.

But it's pretty easy to find a contractor that is good enough to do the job.If I was looking to do a little lipstick remodel, I have 4 or 5 contractors I could call who would all be a good fit.If I was looking to do a gut remodel, I have another 2 or 3 contractors I could call who could handle that job.When I'm doing a luxury spec, there are 5 or 6 contractors that I'm talking to for bids on those jobs before I pick the best fit.Finding a deal on the other hand... you can't just call up a deal and say you're ready.

Real estate agent math is like toilet paper math. 27 mega rolls equals 732 regular rolls.