The strike price follows the declining principal balance of the underlying mortgage.

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.

Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 Purchased off-market from a tired landlord, this fix-and-flip involved renovating a distressed property with outdated features and deferred maintenance.

Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 A fix-and-flip project purchased off-market from a tired landlord involved buying a distressed property with significant deferred maintenance.

Can you give more details on your numbers, purchase prices, rehab costs, time to complete rehab, ARV, monthly rent?

Having said that, prices and rents are higher in the Bay Area in CA than many in the lower-priced states, so it might justify the investment a bit more..

If you have a large downpayment and arent getting a waiver for the funding fee, I would price a VA against conventional conforming to see how they compare. 

Memphis has been a hot market for investors due to its affordable property prices, strong rental demand, friendly landlord laws, and steady job growth—all key fundamentals for cash-flowing investments.As an agent that always works with out-of-state investors, I know how crucial it is to have the right team in place.

Prices vary a lot from firm to firm, and you can never compare it apples-to-apples.

While using financing does mean I don’t keep 100% of the profit due to borrowing costs, it allows me to take on multiple projects at once and operate in higher price ranges than if I were only using my own capital.