Plus, just the Holding cost for one month at say 7% of $50mm is $3.5mm just for one month.If you're in your 4th year of school or the trades, do you have both of them covered? 

But I do believe the houses hold their appraisals better there.Horseheads is the cream of the crop in Chemung county. 

This approach ensured minimal holding costs and a faster return on investment.

Real Estate Market Predictions for 2025Single-Family Homes: Prices will likely remain flat due to homeowners holding onto low-interest-rate loans, causing fewer properties to hit the market.

But if you hold that thing for 10 years I don't see how your life is not completely different and people don't think your a genius for buying a middle of the road househack now.

Just buy and hold strategy for medium to long term.Cant do Forced value or any renovation.

We have tenants that we have repeatedly put up 7-day curables but we do not want to lose them as a tenant.As for not paying, follow your systems for non-payment just like rent.

Like anything involving holding of funds, your client should do his own due diligence and you should refer several to him if you are going to refer any.

Unfortunately, the great jumbo products of First Republic no longer exist but maybe in the future another lender will repeat that one.....

I agree with @Connor Hibbs's comment on terms for first time flippers and if this is something you want to start doing more frequently I'd look for lenders that offer some type of rewards program to gain better terms through doing repeat business.