However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

If he had the discipline to fix the problem?

If you're running a fix & flip business, you'll eventually want to learn how to estimate repairs and independently prepare a scope of work.

After the purchase I use the money parter's money to fix up the property and I get rehab draws from the hard money lender to reimburse the money used for rehab.  

There's no fixed max size beyond local zoning rules.

I'm open to deals that need rehab but I'd rather find something that's up and running and that may only need minor fixes or rent increases.Do you have any property like what I'm looking for?

As I have a fixed split with my broker, it is well worth it for me.

We have been lowering rents for lots of our tenants to match market rents and reduce turnover.

We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.