If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.

See who has been doing this for a very long time and knows what they are doing, who might need an extra $15,000 to do a deal that I could lend, fully secured by real estate, that they may only want for 4 to 6 months for a 15% return on my investment or maybe a $1,000 flat fee for 4 months.  

When the tenant walks in onto a floor with better padding and denser pile... it just feels more comfortable... and it should last an extra year or two.Hope these thoughts help.

You do need to consider the extra wear and tear that can come from certain breeds as well as the increased liability.  

You can then reach out to these people (through mail, call, or in person), and offer this to them as a solution to foreclosure, or getting rid of the extra house they no longer live in or want.

Adding value adds options.

Hello,I am new to BP and have found a lot of very useful information, I am located in the Northern VA metro area and would like to learn while adding value to someone's REI team.  

The place needs massive renovations but I'm not sure if she will leave after closing.The agent/seller has asked me to pay an extra 18k to remove her.

They are a little more strict about how you go about buying and selling creatively with terms but it is not impossible, just a few extra steps to stay legal.

Great way to earn some extra equity by adding value.