Not to mention that fixed rates are going up from what they were a year ago.

I've looked at every model of every new build of every company I can find and there's always problem with design, returns, etc.

I had an electrician go out today to inspect and give me a quote to fix and should receive the report tomorrow. 

Remember, in this model, you are planning on holding on to these properties as rentals so pay now in quality, or pay later in headaches and repair costs.

The seller is currently doing the cosmetic fixes (updating paint for cabinets, new carpet, paint). 

I have two properties (exact same property just across the street from each other) one is a seller finance that is coming to the end of its contract for balloon payment and the other is a fix and hold Interest only loan that is also coming to the end of its contract for balloon payment.

Even with renovation costs and insurance costs the fix n flips are still making money.  

I like the Adventures in CRE as a good resource for model building and underwriting.  

I would then use the line of credit for BRRRR's or fix and flips. 

As I settle into the new year with my game plan Im curious to know what Margins investors are looking to receive in this market. From what Im experiencing its been pretty slow as deals are not giving my investors enou...