The idea is to find motivated sellers and help them through the selling process either off-market (wholesaling/investor purchase) or on-market (hands-on coordination, cosmetic prep, referral to real estate agent).

SFR will be 1/1-3/2 properties in median income (B – C) neighborhoods requiring mainly cosmetic improvements.CRITERIAWe would be looking at an initial LTV of as close to 100% as we can find – this number would change respective of how much capital we build and can reinvest from completed projects.

But for resourceful, hard-working folks who do Not have a lot of capital to invest, rental arbitrage can be a great way to add value to rental properties with cosmetic improvements, furniture and great photos.

Its not uncommon to see 2/1s in avondale on a 3 flat at $1100 each and you go in do cosmetic updates and bump each unit to $1900-2000.

BTW, what about all the cosmetic, is it move in ready, we like to call it Sec 8 ready, meaning everthing has to be perfect.  

Simple cosmetic updates are no longer enough; buyers want well-executed, durable improvements that justify the investment.3.

Here are the property details:SFH in University Park, IL 60484 - 4 bd / 2.5 ba / 2,315 sqft Asking Price: $165,000ARV: $240,000Notes: Property needs cosmetic work all around.

I'm sure they talked, but if the showerhead had issues with flow (CLR does wonders) that is different than a cosmetic problem (rust on the outside of the fridge)...though I wonder what they did to get rust on the front and side of the fridge. 

Used equity in another property to limited by down payment to $6500, other cash put into paint and minor cosmetics How did you add value to the deal?

“Streamline Option” – or “Limited Repair Program”Total financed rehabilitation costs cannot exceed $35,000Maximum Sub-Contracts is 3If more than 3 are needed then a General Contractor will be requiredRepairs are limited to cosmetic repair only.