I am 14 hours into the 20-hour online course offered by "RealEstateU."

This is mostly due to affordability and for potential ARV options.I had a good friend buy a property in Indianapolis off of Union Street for $60K she put $48K into the home which was a total dump and was able to refinance the home to pull cash out in 12 months.

@Lulu LueHUD has 2 online databases of lenders showing which ones have the most experience with 203k's. 

Paying cash is safe and admirable, but it totally takes away this strongest tool of real estate investing.If I asked you if you could figure out a way to earn a higher rate of return than 7%, then you should be pulling equity out and rolling it into another.

That's a total of120% since 2019.

Figuring out the true cost will heavily depend on the type of dig down, depth, and total square footage. 

We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and budgeting.

In online forums, the danger I've experienced is the "national" effect. 

When we found this deal the community had around 45 homes in it, now we are close to 60 total homes and looking to bring that number up to around 80.

On the other hand if you wanted the total investment to be $200K it would most likely be a condo or townhouse.