Rehab holdback of $42,500.Loan Term: 12-month interest-only balloon note.Payments: Interest-only monthly in arrears with balloon paymentat maturity.Interest Rate: 9.99% fixed interest rateCollateral: A first priority lien on Borrower’s fee simple interestin the Property and the improvements thereontogether with any personal property owned byBorrowers related to PropertyPrepayment Penalty: noneLoan Fees: The following fees shall be due: (1) 3.00 points, pluscustomary underwriting, processing, legal,administrative and site inspection fees to (**) at closingof the loan; (2) $50 application fee due upon signing ofthe term sheet.

SFRs in the suburbs are for growing families who want to be in certain school districts--these properties will have high property taxes and be at the more expensive end of the spectrum, but you can find fixer uppers and sell them at a good price after rehab if you are patient and look deep--try auction sites like Auction.com, Williams & Williams, Xome, Hubzu.

This iss great site to learn and exchange ideas.  

They are in the mid $100k and are about 10%-15% from 2007 in good neighborhoods.This isn't a bet on appreciation as they still cash flow but moreover future planning/selling.

New construction costs can vary on several factors - land development, total sqft built area, on-site/off-site utilities, retention/detention area, covered/open parking, type of foundation and the list goes on.Do u have all permits from your City/County?

Both of these sites tend to list most of the sold homes in the past few years. 

This site and their podcast has already been a wealth of knowledge for me.

Try searching via BP/Network/Events and Meetup site.

I am new to this site so I apologize if this has been discussed previously. 

Hard to believe that people are still living like this, especially here in my own home state.First Video That Got It All StartedAfter watching that video some friends got to talking and my buddy went down to look at the job site today.