LTV Consideration – The 60%-70% LTV is usually based on the After-Repair Value (ARV), meaning your loan should be within that range relative to the projected value after renovations. 2.

Purchase properties at a discount that need renovation work to then sell at a higher price profiting at least 15%+ cash on cash returns of all in costs each deal.What is the outcome?

That way you can hopefully do renovations as tenants move out one by one and start to build your network of contractors.

Im also looking to connect with investors who are eagerly searching for their next project.

You need to double check underwriting, conservatively project disposition, and stress test the metrics.

CURRENT FOR SALE.Homes were in disrepair and needed immediate renovation.

.- The tenant buyer may decide to not exercise the option or may decide to terminate the lease early which may produce a profit less than the projected returns.- The money partner is not the only owner of the company which owns the property and thus has limited decision making over the property.

For a variety of reasons, including keeping this potential project "need-to-know" only right now, I want to get a ballpark estimate with full understanding that the goal posts could move in either direction as the project gets more discrete. 

.## Strategies: Flipping, BRRRR, House Hacking- **Flipping:** Focus on properties that need renovation but have good potential for resale.

@Jaycee Greene I think she said the purchase price was going to be around $380-385k plus an additional $50k for renovation.