Will rent for $1200 total.

Quote from @Kevin Hintz: I can totally relate to the tight market and how hard it is to find deals.

Spend more than half of your total working hours in an RE business in which you materially participate.2.

No, it would be a total loss.

totally renovating What was the outcome?

Quote from @Diandre Pierce: I have 7 rentals with a total available equity of roughly 800K.

I don't need hard money because I have a lot of cash.Purchase: $190kDownpayment: $40kClosing/Realtor: $10kLoan Amount: $150kRenovation: $15kARV: $250kRefinance: $5k Final Loan Amount: $190KCash Back: $40KCash Spent (Down & Renovation): $55KCost to buy (Closing/Realtor): $15K---------------------------------------------------------------------------------------Total Monies Spent: $30KLoan Amount: $190KMortgage: $1.8KRent: $2KThose are rough numbers going through my head.

That's a total of120% since 2019.

When we found this deal the community had around 45 homes in it, now we are close to 60 total homes and looking to bring that number up to around 80.

When we found this deal the community had around 45 homes in it, now we are close to 60 total homes and looking to bring that number up to around 80.