We financed the property through a credit line with our local bank(who financed all our rentals), 5% interest rate.Below are a few pics and I hope to update the pics as work gets completed(which is starting today)I look forward to hearing everyone's feedback as this is our first flip!

Hello, since I joined here I already passed on one property and currently I'm going under contract on another one (hopefully soon, currently at the mercy of the bank...)Long story short, while scanning for properties I got interested in flips.

Go out and look at them-take measurements of the outside and a bunch of better pics-then go out and do a better job of advertising than the owner and at a profit!!  

House looked ok on the pics but I ran out of time before actually viewing the property. 

Don't forget to put a profile pic up and see ya ' round the community!

They will probably whip a ready made template for you and change pics and text for you.I hope this helps.  

Looking at these pics makes me really look forward to our first flip.  

Hi all,So I've been scanning BP for an answer to this, and it seems that a good yield would be in the mid-teens and a good cap rate would be 8-12%.

Got any pics?

Bob, I also have experience in Records Storage - and enough to know that the 1st step is to add that piece to your feasibility study to determine if there is enough need to warrant the initial outlay in bar coding, scanning equipment - racking, and yes, HVAC equipment.