Purchase price: $101,000 Cash invested: $25,268 Sale price: $202,000 This was my first ever solo project.

Did you have an agreement in writing signed by both you and the designer regarding payment schedule and purchases?

A JWB client purchased this home on 8/30/2024.

Stay away from Philly as their laws are as tricky as NYC's.I would strongly recommend you purchase something within an hours drive from you so you can learn on the job as a landlord. 

Will they finance 100% of the purchase and renovation or will they want skin in the game (you putting money in).Most do not do 100% funding so beore going down more rabbit holes, make sure you have the $ aspect situated first.

As an investor and a commercial real estate broker I would not expect a buyer  to spend a dime on due diligence unless the buyer/seller come to an agreement on a purchase contract.

I went through similar experience when I purchase rentals from a turnkey provider in Indianapolis.

See, the majority of profit in real estate is NOT made by below market purchases.  

I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..

TENANT PROFILE: tenants are the biggest influence on Neighborhood and Property Class.- If you don't believe us, think about what will happen if you put several Class D tenants in a Class A apartment building.