Closing costs vary but are usually at least a few grand in addition to the origination fee which tends to vary between 1-3% of the loan amount.We have a simple yet detailed fix and flip calculator (cash flow tool) that clearly accounts for all of the relevant costs and gives you a sense of net profit, ROI and total cost associated with each project.

Thanks for the welcome all.My condo is in West Town (Grand & Ashland).  

There are also many other platforms other than Real Auction, some of those are Grand Street Group, SRI, **********, etc.those platforms manage tax sales auction for different states and counties, so you have to check them out daily or weekly.with Fastlien you have everything at your fingertips, download tax sale lists, calendar view of all the upcoming auctions, I find it much easier and less time-consuming.regardsEmanuel Wijkhuisen 

I only have about 2 grand in savings, 10 grand in stocks/roth Ira/401k, and credit score of 760.

I picked up a Ron Le Grand CD off of E bay years ago.

@Matt OwensWe have several members who live in the Grand Rapids market, and own assets.

I’ll save you thirty grand on gurus ...Work hard and achieve your dreams Buy low and sell high Buy ugliest house in the best neighborhood Believe in yourself Take action

Of course you can be passive and buy performing stuff and get nice returns but when people are having courses that show you how to make a few hundred grand a year in notes people get all excited and rush to the well only to realize it’s dry and you need to work to fill it. 

My grand parents immigrated in the 1920s, my mom immigrated in 1964.  

BP community - I am an out of state investor considering long term rentals in the Grand Rapids area, more specifically Eastown / Midtown neighborhoods.