You can also find various contracts online, develop your own then have an attorney review it to ensure it has teeth, and is legal in your area.7.

It's always interesting when a newbie owner contacts us stating they saw 4% online and want that for a SFR!

You don't need to be larger than life, driving flashy cars, or using your looks to make a sale.

There are people who buy a longer term (12 months or more ) OPTION giving them a RIGHT to purchase a subject property, at a certain price, within a certain amount of time, and attempt to either sell the option for a higher price or close on a simultaneous purchase and sale to an end buyer paying a higher price.  

However your potential margins - with a brrrr/refi or a sale - are very large if the property is able to indeed be repaired.Good luck and keep us posted on your progress!

Now with higher interest rates, and slower sales, the profits are being squeezed, thus an increase in risk for the potential flippers. 

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

Then check out other online guides available here: https://www.biggerpockets.com/guides 3.

If cap rates rise, values might soften, but industrial fundamentals still look strong.Timing the Sale: If you’re worried about missing the peak, you could consider a phased approach—sell a portion of your portfolio or 1031 exchange into a more diversified asset mix.2.

Use online tools like Rent Savvy, Avail, Rent Redi, Apartment.com, Angie, Thumstack.... to manage yourself and learn.