Diving in on some value add opportunities with a seller carry and a 5-7 year balloon contingent on appraisal. 

Buyers offers will contain a contingency that the seller pays X percent to their buyers agent.And the negotiations will go from there.I do think real estate agents are over compensated.

This is gonna be one of the most important factors and you have little room for error as this is how you're going to get your ARV.Budget and Timeline - Present a budget detailing all anticipated costs associated with the project, including acquisition, renovation, carrying costs, and contingency funds.

Hi Steven,Does your Purchase Agreement have a financing contingency?

If you have the ability to walk away due to contingency, consider it. 

Do you add a contingency for unforeseen expenses on a rehab and if so, how much?

Are offers now give a range contingent on if the seller is offering a split for the agent?

Financing contingency in PA is checked and clearly states EM to be returned to Buyer.

It's essential to budget for contingencies and plan accordingly to minimize potential setbacks.Ultimately, whether updates like kitchen and bathroom renovations will significantly impact the equity of a condo depends on various factors, including market conditions, rental demand, and the cost-effectiveness of the renovations.

I bet the first are all cash in 3 days no contingencies.