So many new flippers have a budget that ends up being 90% ARV and the selling and holding costs eats any and all profit.The reason I say to DOUBLE it is to be conservative. 

Hello BP, my name is Walter Ellis and I'm from right outside of Little Rock, AR.  I joined BP because I am very interested in learning the ins and outs of real estate investing.  I am a homeowner but outside of that I...

If financed they could eat you alive for possibly longer than you can take.

I would love to just fire him and get someone else to come in and do the rest of the work in 2 weeks and just eat the difference.

Acquiring these properties allowed the mission to continue which was more valuable than trying to make a deal on the front end.More to the investing side, if it doesn't eat any hay, it's marketable as to location and basic condition, insurable and can cash flow worth the time even at a break-even, buy it!

an eviction can really eat up the profits and turn into a nightmare.

I feel like asking them if they get that upset at Dominos for trying to get them to eat pizza for dinner.

Both are pretty green.

Frank Rolke breathes, eats, sleeps and dreams mobile home parks.  

Looking at listings from $275 - $315K in Northeast Ohio (canton, green) and I see a lot of sellers paid $25-$35K less than what they are listing them for.