The banks have stellar terms, but the full underwrite is imposing.

Thanks for sharing Evan 👍 The "after" pictures look stellar, but the "before" pictures don't seem so bad to me...it seemed like a pretty good house to begin with :) How did you know how much rehab to do?

You are lucky to break even in Texas, +$150 is pretty stellar.

We would need to see stellar credit in order to qualify. 

It was a hoarder house and I mean hoarder house .. took 5x 40 yard dumpsters to clean it out ..I had engineers stamped plans already approved by the city , had it down to the studs , had contractors lined up and ready to start when I came across another property that was a easy , easy flip at a great price and a stellar potential return ..So I negotiated a even better deal on the 3/2 with a Arv of around $165k only required around $12.5k worth of rehab and the wholesaler was asking $85k for it ..well, I talked him down to $71k and we pay $500 towards the closing .. he accepted and my partner closed on it ..the only problem was my partner and I had set up our partnership under the terms that for each property we had a separate partnership contract and because the closing on that property was happing so quickly .. he had not signed his end of the contract between he and I .. it was discussed and printed and I had signed my end but the property closed before he sent it back to me signed .. 

Anything much under 4.8 stars will garner fewer bookings for the less than stellar reviews.Photos play a big part in bookings.

There's no reason for me to think Bridge and Voepel won't do everything in their power to make this work, as their reputation is stellar as well.I'll keep everyone up to date in regards to what's going on.

They have every right to do that per their contract.I invested in PPR because they had a stellar reputation on BP. 

@John WattsMost funds are closed end funds so they have a sunset period when they close which is why they return principalPPR has a stellar reputation, as someone who also operates funds they are who you want to be compared with based on their track record

Job growth isn't the stellar 2%+ that Bawa recommends, but it's decent at 1.5%.