So if the purchase price was $90k and the renovations were $10k, then your downpayment would be $5k....you would need to add closing costs on top but that's the concept at least. 

Right now the rating for Z is "neutral" and Rdfn as "sell".Most of realtors I talk to feel the discount brokerage concept can sacrifices service quality.

Welcome to BP @Daniel Smith, love the house hacking concept.

This is nothing new regarding concept, What I think will change is if they were to become mainstream it is the current Wholesale community will suffer a little because these guys are cherry picking the better properties and leaving the riskier properties for everyone else.

The concept of rehabbing any property implies forced appreciation.

Grueling and well worth the education.The instructor was Edward Smith Jr,  semi retired with 40 years of commercial business.

But it is still the same concept.

I’ve Googled what each means and I understand, but can’t seem to apply these concepts to my analyses.

Originally posted by @Edward B.

Originally posted by @Edward B.