Quote from @Timothy Franklin: @Trevor FinnI would agree with your breakdown, but why overlook a potential to run the 91k subject-to with a targeted 6 month hold for flip or 18 month refinance?

One thing that’s jumping out to me is how your House 3 has some serious potential once you carve out that above-garage apartment.

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

Today he starts on his second rehab.   3/3 of potential b+ unit in an A- area (pt Loma).  

Take a good look at potential purchase opportunities and run the numbers, then decide about buying, then financing.

Congrats on the potential drafting - that's huge.

Key points for buyers to consider: the $65K rehab budget and timeline (45-60 days) are realistic, but transparency on rehab details and potential delays will be important.

Hi @Jefferey Eutsay,This deal has potential, but there are a few critical blind spots and questions to address before making an informed decision:Cash Flow: What’s the current and projected NOI (Net Operating Income)?

I think it's the best way to A/B test the potential.

Be upfront about what you can offer and any potential limitations.