. :-) back in the day and not a big deal flow.. and all land contracts on bare land.. to put it in perspective. :)

Just remember though unless you have deep pockets you need to at a bare minimum stay cash flow neutral until you get the property running and your debt paid off.  

At $800/month, that would barely pay for the rehab costs (using BP's 1% rule). 

All 3 cities show a 7-11% decrease in home sale counts over the 2017-2019 average, so we still have plenty of catching up to do in terms of housing supply - much harder to do when you're growing fast.Durham and Charlotte are set to make large strides toward that goal - but Raleigh is barely budging.

I just got one in pretty great shape for 50 percent ARV, but I want my numbers in a spreadsheet to see where I can put some luxury into it or if I should do just the bare minimum throughout.

If the best you qualify for is alternative financing when the purchasing loan matures you will  likely be treading water barely able to stay a float. 

Are you able to get an extension on closing to support the timeframe of lender B? Are

I barely use my personal phone! 

Stayed afloat (barely) through the pandemic with NY properties so i've seen it all at this point. 

There are never full photos of the mechanicals and basement and roof line so you will never have even a bare inkling of what the potential repairs will be.