Fix and flip is too capital intensive and relies on being able to find a retail buyer so it's arguably more risky than a slow flip.

For costs, you’ll typically need to budget for title insurance (usually around 0.5%-1% of the purchase price), attorney fees (varies but can range from $500-$2,000 depending on the complexity), and closing costs (might include recording fees, escrow fees, and other admin costs—generally $500-$2,000).

The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon. 

Those two items will vary quite a bit depending on the house.

while still trying to keep up with the competition Do you rely more on direct-to-seller marketing, networking with agents, leveraging platforms like PropStream and Batch Leads, or just by looking at a lot of deals?

That deal taught me that off-market properties offer something you rarely find on the MLS: opportunity paired with creativity.I realized I didn’t need to rely solely on what everyone else was chasing.

Its under the Events of Default Clause that the holder of the note would rely on a remedy.

The information contained in this post is not to be relied upon.

For traditional loans that rely on personal income and DTI (Conv, govt), there is no requirement that the properties be profitable.