I found a great Hud home that is a sweet dealasking 285,000 - ARV estimate sq st $580,000 Zillow est $760,000 / epprasial est $670,0006 bed/4 bath/ 4700 sq ftNeeds 100k repairs How do you wholesale a hud home?

It's listed for 176k.  2 bed units, newer everything, very good shape all around. 

Hey BP Fam,Guess the title is pretty self explanatory, Looking to rent out a 3 bed 3 bath Townhouse in the Missouri City TX 77459 area.

When meeting with them, they'll want to know a sq footage number, bed/baths, garages, details and features you want in the plan, etc.

Figure out what market rents are, draft a month to month lease that details everything you want them to know (late fees, when rent is due, where they can park, if you allow pets, smoking, water beds, etc.)Once you have closed on the property, go to their unit and introduce yourself as the new owner.

Your place looks nice inside but the rental analysis is showing the average cost for a 1 bed in that area is ~625/mo.

As I see it 1624 sf x $125 = $204K however when I pull comps up matching apples for apples, I see the AVR at $184k.Here’s what I see in the numbers;Flip Calculator Analysis3 Beds, 2 Baths Ranch - 1624 sf Built 1981 .37 Acres WaterfrontProfit & Projections Total Projected Pre-Tax Profit: $33,467.10 Total Personal Cash Invested $60,512.90 Holding Costs Per Month: $1,837.50 Return on Investment (ROI): 55.31% ROI (Annualized): 168.22% Profit if held for... 45 Days 90 Days 270 Days $37,912.66 $35,245.32 $24,575.97 Property InformationFinancial Information: Purchase Price: $80,000.00 Purchase Closing Costs: $6,000.00 Estimated Repair Costs: $45,000.00 Total Cost of Project: $131,000.00 Projected After Repair Value: $184,000.00 Monthly Expenses: Mortgage Payment: $800.00 Electricity: $125.00 Gas: Water/Sewer: $125.00 Sewer: $150.00 Garbage: HOA Fees: Insurance: $300.00 Property Taxes: $187.50 Other: $150.00 Total Monthly Expenses: $1,837.50 Loan Information: Total Loan Amount: $80,000.00 Loan Points and Fees (Out of Pocket): $4,400.00 Loan Interest Rate: 12.0% Total Monthly Loan Payment: $800.00 Sale Information: Sales Price after Fix Up (ARV): $184,000.00 Real Estate Agent Fees: $5,520.00 Other Closing Costs: $2,500.00 Total Days Held: 120.0 days

Full loan payoff will occur at Refi.The following is needed to analyze Cash Flow before Refi:How many units (1 - 4) and type (1 Bed/1 Bath, 2/1, 3/1,  etc)Projected Rent ratesVacancy RateAll Operating ExpensesCapEx Once rented the property will need to season (6 to 12 months) for the Bank Refinance requirements.  

The comps should also be around the same year built, square footage, and number of beds/baths.

So, consider creating a curved bed in that 90 degree angle between path and flower bed.