HD made good on it - they pulled the permits, their dime.  

. :  Tough luck on that lender pulling out on your deal, that sounds like someone to avoid altogether. 

It's not necessarily easy to pull off, but it seems to me that it's worth studying and working toward.Hope that helps!

My parents own a few rentals and because of this the idea of buying and renting properties is fairly natural and I’ve had my part in turning a house over between tenants, giving tours, and talking to prospective tenants on the phone.My goal, is to get my feet wet by buying and remodeling a property here in El Dorado.

I own a rental property free and clear and am want to pull out 25,000 for repairs in order to flip it. 

I have been finding that deals are still on mls you just have to pull the trigger much faster and that can be hard when you are newer investor. 

You can pull the area your targeting and set the criteria for cash sales in the last say 180+ days.

The problem I faced with both is no one seems to have any faith that a kid still in high school can pull off running something like this.

A 2400 square foot duplex (1200 square feet per unit) at roughly $150 per sq ft to build = $360K  So, roughly $790K all in.We estimate we can rent these brand new units for about $2500/month, grossing $5000/month.We're not sure what the property will appraise for when done, but if we refi once it's done (BRRR) and pull $700K out, it looks like the mortgage payment + taxes & insurance would be about $4000/mo.  

I was parked in front of this really beaten up house (no shutters, poorly maintained lawn) when a car pulled up behind me.