House market here is steady, house prices are very affordable and prices have hardly moved, which is making it a top choice for young families.

Then as time moved on I did less as I could afford to have subs and labor do it all. im still rehabbing 20 years later.

At least that way, when someone does an Internet search for him, they'll come across this thread, and perhaps it will save some other newbie the same frustration...

I'll be able to afford doing two projects at a time from here on out so my final day working for the man is coming.....I like to imagine my potential when I can utilize the 2000 hours/year I give to the man (for JACK) and invest them into my personal business.I will consider your advise and possibly make amendments to my business plan.Thanks Keith

., and blindly believed if the bank gave them a loan, it must mean they can afford it!

As others have said, you need to know the ARV, and you need to figure out what you can afford to pay the husband given the rent level.

It's mostly people that can afford to purchase and flip or purchase and "repurpose" a property somehow.

I had to let this particular Maywood deal go because of all the red tape. it was just too frustrating.

314 Cherry St Southeast Grand Rapids, MI 49503Can't afford it but it looked good to me, even with the owners optimistic rental forecast.

Thus, I only do flips in the price range that I could afford to rent and carry indefinitely should I not be able to sell – this is just me…Good luck