I am currently employed in retail sales and am very excited to start my real estate investment portfolio!  

We may have a FC coming up in Coronado - it will go for prob close to $3M. 

If I can estimate (and then have a runover of 10-15% expected), I hope to get close to actual rehab costs depending on the materials used. 

This covers the purchase price of the property, any required down payment, the cost of the renovations, and any other costs like holding and closing fees.

nothing pointed at you personally but there has been build to rent projects were investors had to put up 50k non refundable and never got their house built.. so I can see putting it in escrow and releasing it upon closing for sure.. thats what i personally do with my new builds although since we average 25 to 75k of upgrades per house buyers have to stroke non refundable checks directly to us for those items.

I would like to be as close to NYC as possible but want to stay within a tight budget.

Worry about getting a deal closed, everything else is easy, You can transfer to an LLC after, All the best  Hi Bob, I am closing on the property in about 10 days and lender is asking what would I title the property under. 

Lots of us do what he does and do it better or better terms and more leverage I know I do. and no one can fund as fast as me LOL  by the time he is  done doing a deep dive into your fico and your PFS and verifying your assets I will have your deal closed and funded !!

After buying and selling over 1,000 properties for my own inventory, hundreds of which came from REOs,HUDs, VAs, Tax Sales and Sheriff Sales, I have some experience in this area.1.

We would reinvest the $100k equity from the sale of our current home back into our LLC to purchase additional properties for BRRR.