The remaining “residual” cost is then assigned to the building itself.

Accessibility and local knowledge above everything else. 

The key is ensuring the after-repair value (ARV) supports refinancing to pay off the initial funding without overextending.Fix-and-flip - This requires sharp numbers and market knowledge.

We should meet up sometime and knowledge share.

Local market knowledge is absolutely critical, and it helps to work with someone who really understands the landscape and its nuances.As others have mentioned, it’s a broad question that’s tough to answer succinctly, but I hope this provides some clarity!

I’d love to connect and see how we could collaborate or share knowledge further.Would you be open to discussing how we might work together or how we can support each other in the private lending space?

And you clearly have some relavent market knowledge.

Have some initial conversations to see who’s responsive, knowledgeable, and investor-friendly.Once you find a good fit, you can focus on building a strong relationship with that one realtor.

Some are led by seasoned investors with a wealth of knowledge, while others may be run by people with minimal experience.

I flipped two my first year and made a great profit $70,000+(2021), I had zero land deals the next year (2022) I had two deals fall thru,  but used my knowledge and resources to get my family into a bigger/newer house ( using subject-to financing), sell my old house and payoff the sub-to mortgage and make $20,000 on top.