Quincy is very hot and competitive because of it's train and highway access.

This is after 4% selling costs and paying back the outstanding mortgages.

Mass ave and the Highway are the western borders where properties are pretty expensive.  

Scranton is essentially just as close. 81 and 80 are Major national highways.

Seems like a decent place to invest as the home prices are lower, schools are decent, and easy access to highways/DC/etc.

BRRR Cash ExampleHome 1Home: $55k cashRehab: $15kARV: $100kRefinance 1 @ 75%: $75kHome 2Home: $55k using Refinance 1Rehab: $15k using Refinance 1ARV: $100kRefinance 2 @75%, $75kStatus: 2 homes ARV of $200k, Refinance 1 & 2 outstanding for $150kHome 3Home: $55k using $ from Refinance 2Rehab: $15k using $ from Refinance 2ARV: $100kRefinance 3 @ 75%: $75kStatus: $70k of your cash initially in, 3 homes ARV of $300k, Refinance 1, 2, & 3 outstanding for $225kBRRRR Mortgage ExampleHome 1Home: $55kDeposit: $11kMortgage 1: $44kRehab: $18kARV: $100kRefinance 1 @ 75%: $75kHome 2Home: $55kDeposit: $11k using Refinance 1Mortgage 2: $44kRehab: $18k using Refinance 1Leftover $ from Refinance 1 = $46k, payoff Mortgage 1ARV: $100kRefinance 2 @75%, $75kStatus: 2 homes ARV of $200k, Refinance 1 & 2 outstanding for $150kHome 3Home: $55kDeposit: $11k using Refinance 2Mortgage 3: $44kRehab: $18k using Refinance 2Leftover $ from Refinance 2 = $46k, payoff Mortgage 2ARV: $100kRefinance 3 @ 75%: $75kStatus: $29k of your cash initially in, 3 homes with an ARV of $300k, debt from Refinance 1, 2, & 3 and mortgage 3 totaling $269k

Both have been outstanding.

They do an outstanding job of breaking down how to estimate rehab costs based on both the extent of the rehab and the "niceness" level of the area.

Rerouting of a state highway.

Beware of outstanding property taxes and any potential HOA debts as they stay with the property, whether recorded as liens or not.