Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA

SW FL or N EASTI have questions for those of you who have LTRs in Florida.1.

Or, ya know, pay someone to do all that and hope n pray there is any profit left on it for you. 

Purchase price: $100,000 Sale price: $140,000 Fix n flip What made you interested in investing in this type of deal?

@Matthew WrightI would speak to the BTR guy @James N Sheils. 

That's how I'm able to comply with the CSLB's requirements.just like another poster said, tripping over nickels to pick up pennies.to wit: its not legal to do a time n materials contract on residential properties.

I am finishing up my first fix-n-flip deal and am looking to connect with others and see what value we can bring to each other while learning about other markets in the US.

N.

There's a good chance that financing a fix n flip would still require 60k liquidity or so because the value of the house would need to be at a certain level. 

So the good news is that there are currently two full-amenity condo buildings in/near downtown Chicago in prime A+ Class neighborhoods that allow short-term rentals: 545 N Dearborn and 30 E Huron.