Also include pictures of the land.Is the land buildable / usable?

FHA loan with monthly payment including taxes about 7800. the other side would get up to 3200.

With 5% down that’s about $35K not including closing costs and fees.

I will include myself in that camp.

Everywhere you see poor quality work it is an IMMEDIATE and justified RED FLAG.

Actual facts driven by factual numbers including potential realized loss.

I’m budgeting about $1,500 per room, so $8,000-$8,500 to include the LR, DR, kitchen, and outdoor space.

I’m looking to purchase my first fix and flip and would like to know more information and red flags to avoid when trying to do with business with lenders 

This includes non-profits.  

We never like to deliver this sort of news, but it is an unfortunate necessity in this market.We include the cost for 12 months in our proposals because a lot of investors like to (or their lenders require them to) pay for a year of coverage upfront and it’s easier for them to compare rates.