Is there anything I can do to recoup any of that money or am I SOL?

-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.

The guy is meeting the rental criteria income wise.

I've learned a lot since then have become a private money lender and have done a lot of deals.

If you have a solid team and some money set aside it's doable

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

Am I going to make money on it, is there a value you ad opportunity so that I can fix it up increase the rents and thus increase the value of the property.

  ( keep buyers from wasting money on DD i suspect)3.

@Mike Robb you would think with the money they charge people for very little benefit they could create an app.

sell third house this time dump half the profit into SnP 500 index fund, other half builds fourth house... repeat until satisfied with stock portfolio, retire at 50option C) Aggressive model: sell house for $600k just keep carrying my primary mortgage which is $2900/month and dump the money into 2 properties and build 2 house at once that would each be worth $600k...?