I’m Johnny, and I totally get the excitement of connecting with like-minded folks.

Quote from @Kevin Hintz: I can totally relate to the tight market and how hard it is to find deals.

Will rent for $1200 total.

No, it would be a total loss.

I don't need hard money because I have a lot of cash.Purchase: $190kDownpayment: $40kClosing/Realtor: $10kLoan Amount: $150kRenovation: $15kARV: $250kRefinance: $5k Final Loan Amount: $190KCash Back: $40KCash Spent (Down & Renovation): $55KCost to buy (Closing/Realtor): $15K---------------------------------------------------------------------------------------Total Monies Spent: $30KLoan Amount: $190KMortgage: $1.8KRent: $2KThose are rough numbers going through my head.

Spend more than half of your total working hours in an RE business in which you materially participate.2.

Quote from @Diandre Pierce: I have 7 rentals with a total available equity of roughly 800K.

totally renovating What was the outcome?

Our current mortgage terms include a late fee after 5 days, so they’re already paying extra each month and have to split the total monthly payment up between 2-3 payments when they get their pay check.

It gives you a total livability score as well. https://www.areavibes.com/