I have seen some offers from Main Street come through, which is one of the biggest hedge fund type buyers.I've seen offers from Offer Pad and Opendoor in the last few weeks as well.

So, if you put in 20K, you could set the bid up to the amount of the 100K total debt(80K existing + 20K additional) to ensure that the property reverts to you as the lender.

Jeremy, from Maine #207

any lender wants to know how you plan to service the debt.

@Alec Barnes we use Debt-To-Income Ratio (DTI) instead of income = 3x rent.Reason?

Eliminate debt, establish a budget, and save.

Yea the area doesn't look like it will appreciate much, I mainly look for cash flow.  

The main challenge was ensuring all logistics aligned for a same-day flip, but preparation and collaboration with Archie made it seamless.

How much weight do you give to the cash flow benefit of cheap debt when the property is priced above market?

The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.