Hi I am a new member I am very eager to start investing into real estate.

As a strategy, so long as the total spend (purchase + rehab) results in positive cash flow even when ALL of those dollars are (able to be) re-borrowed at the Refi stage, then it's a suitable BRRRR candidate.Maybe you don't have to think of it as "capital improvement", but just: rehabbing it back to ARV standard?

Jeff Martinez,There are no absolutes in business.I have found that people that are hard to find should be red flags.

I have a clause in my purchase agreement that states if the home appraisal is less than the purchase price, the deal can be re-negotiated or cancelled with earnest money return.

Let me start with the BBB: All anyone has to do to be a member is to send in the dues and then in their advertising they state they are a member of the BBB.

I'm screwed and I don't need to file a grievance with the board of Realtor's because she isn't even a member, I don't know how all states work ,but if she hangs a license in your state then she is absolutly beholden to a real estate comission of some sort.

Looks like you put about $10K in rehab and are reselling about $60K+ above purchase price...those are going to be red flags to both conventional and FHA underwriters, especially if you're selling less than six months after purchase.That said, if the market clearly supports the value, hopefully it won't be an issue...good luck!

A family member is actually selling a 15 unit complex right now and they just received an offer that is completely contingent on the bank approving the financing.

@Hasan Hamdan  Definitely checked out those areas, however, having a yard and a garage were pretty important (to my family member). I

As a military member, I was making what I thought were real estate "deals" by buying primary residences and renting them out when I moved.