If the figure of $1200 is being floated on the listing it’s highly possible the current owner is locked in and grandfathered at this price and even if you get a policy with the same insurance company your policy will be significantly more expensive.

Be sure to get clear estimates on those before locking in your numbers.

If you have any tips, advice, or resources for a new wholesaler in NC or if you're just up for a chat about the industry I'd love to hear from you! 

For beginners, I’d love to hear about the hurdles you’re currently facing and any advice from seasoned investors on how to avoid those common pitfalls.Looking forward to your stories and tips!

Hi Greg, may I ask what lock system you use for your rooming house?

@Sean MichelBe ready for a wealth of information at your finger tips.

.💡 Tips for working with contractors and keeping projects on schedule?

THat we have seen (but you pay a hefty price to borrow for that type of thing) which is basically borrowing at credit card rates so you need to have a locked in buyer on the back end.Other option is an equity partner as you mention but lets say its worth $750k (not sure value) - maybe get someone to put in 25-50% max. but they will want a considerable portion of the upside and want to see a definitive exit strategy. 

This way I'm aware of the end buyers buy box before I go locking up contracts with sellers.  

As a real estate agent based in New York, specifically on Long Island, I'm eager to hear from anyone who has experience with BRRRR properties in this area or has valuable tips to share.