I am guessing it'd be a 30-40 day close?

Here's the deal:Purchase Price (PP): $95kRenovation Budget (via HML): $60kTotal All-In Cost: $155kARV (After Repair Value): Around $200kRefinance (via DSCR Loan): 7% interest, 30-year fixedRefinance Details:After the refi, I will pay back the Hard Money Loan (HML) at 11.95% with 3 points:HML: $60,000Interest/fees: $3,585Other costs: $1,800Total to pay back HML: $65,385After the refi, I will have $84,615 left in cash.Cash Flow & Expenses:Expected Rent Income: $1,700/monthProperty Management (PM): $126/monthInsurance: $100/monthTaxes: $126/monthMortgage: $1,043.75/monthTotal Expenses: $1,395.75/monthSo my monthly cash flow is about:$1,700 - $1,395.75 = $304.25/month in cash flow.Return on Investment:Cash Invested After Refi: About $18,385 (after paying off HML and closing costs).Annual Cash Flow: $304.25 * 12 = $3,651Cash-on-Cash Return (CoC): $3,651 / $18,385 = 19.8%I didn’t account for maintenance costs since it’s a full gut rehab, and everything is brand new.

Hello Guys,As someone who’s built sales funnels for marketing agencies, I’ve been diving into strategies that could work specifically for wholesalers—and I wanted to share a few ideas that might help you streamline your lead generation and close more deals.3 Proven Funnel Strategies for Wholesalers:* Capture Leads with a Targeted Landing PageSkip the generic “Contact Us” pages!

They’ve been really easy to work with but we haven’t closed a deal to have insight on that side of the transaction.

Whooping $815 more cash-flow What made you interested in investing in this type of deal?

If they are paying little to no money at closing, what skin in the game do they have?

.: How are you sourcing your deals if you are in Virginia? 

@Andrew Self lack of two years of employment history is not a deal breaker depending on what you were doing prior to starting your salary job.

I'm a mortgage broker and can offer just about any product QM and non QM with competitive pricing. let's close some deals!

As a side note, those students just closed on 300 units and are in contract negotiations for another 300+ unit deal as we speak.