Often, a major or emergency repair is needed and the owner doesn't respond to fund the repair.

There are wholesalers in every major city in the country and they are buying at 70% to 90% of value all day long, every day of the week.

Make sure to run the numbers on DSCR, CoC return, and cap rates to ensure profitability.

Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund. 

I would recommend fixing it and then determining whether or not to sell based on cash flow and profit after the sale.

I am sure it will all work out for you in the long run.. we sold ours and made a tiny profit on each but its better than a loss right ?

With a cash flow of $6,600, an 11% cash-on-cash return, and an 8% cap rate, you’re seeing good profitability.

Knowing these boundaries can help you zero in on profitable, compliant locations.Timing is crucial when it comes to approvals.

Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?

I believe furnished finder is the way to go as it seems like the majority are looking on that website.