Every single one of those has had a positive equity position once completed and still has positive cash flow if rented instead of sold.

Value as of 11/22: $105K (appraisal)My goal is to pull cash out to rehab.

Lastly there just is not enough of those type of deals to take on extra work and risk .. its too narrow of a niche.. and keep in mind my fee's FAR exceed normal HML fees they make it worth my while.

Many investors from California are choosing to invest in the Midwest because of the low barrier to entry and yearly cash returns making more sense in these lower priced markets.

It’s worth considering how we can encourage and support these arrangements to improve the quality of life for older adults.

Hi @Kent Kettell, assuming you're running the numbers on your end, any loan offer that enables you to acquire the asset given your level of cash reserves and reach your target ROI at the expected project duration, net of financing costs.If you don't already have a useful calculator to assess cost and profitability associated with fix & flip projects I'm happy to share a copy of ours!

Not worth the hassle.

Smaller owner operated businesses also tend to give better service, so they’re worth considering.

But if you are buying property in cash for, say, $200k, and need 50-100k for rehabs, that is a totally different risk profile for your lender.You could consider partnering with someone with experience.  

Yes they are turnkey and sell in multiple cities across the US.I live in New York and it’s just too expensive here to ever see any positive cash flow so I’m looking to buy out of state.