32k or even 42k on a half million dollar house doesn't sound all that good.What's your projected cash flow after all your expenses including a likely higher mortgage payment than the current owners?

There’s a lot of valuable information out there without spending thousands of dollars.

By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.

@Rajagopalarao Paidi My agent has made me hundreds of thousands of dollars both buying and selling.

Their home in Waldo was also a great deal a Duplex they found for $210K and now getting $1250 a door since it needed renovations.Some advice is be careful with what you by so that you are not paying top dollar or market price for a home that someone just renovated.

Land Entitlement is one of the riskiest Real Estate investments for several reasons:1) High Upfront Costs with No Guarantees: We spend tens of thousands of dollars on due diligence to ensure the property is suitable for development.

@Sean O'Keefe I believe the study this refers to actually costs around $500, plus a few dollars to your accountant if you want him/her to walk you thru it.

Seems like tens of millions of dollars were raised from unaccredited investors...Here are some SEC links for a partner and CFO of Norada showing previous fraud history:https://www.sec.gov/enforcement-litigation/litigation-releas...https://www.sec.gov/files/litigation/complaints/2017/comp240...

If you don't believe it, go to the BP calculator and run a million dollar property with 10k rent and 3% appreciation and see what happens after 30 years.

Have the rehab budget before purchasing so you dont have to start from zero dollar once you move in.