2) What methods do you use to determine a comfortable number pay the lessor per month while leaving enough  wiggle room to pay mortgage, cover for vacancies, repairs, taxes while having a good cash flow left over with the intent of saving this to use for the 20% down payment when the option is exercised.3) Would you pay for an inspection up front before the contract is signed, or wait until it's time to exercise the option?

My question is that we are really looking for flips at this point but due to potential cash flow of this property, which i have yet to analyze, do yall think this could be a good candidate for the BRRR method or are there things i need to consider first that i may not have thought of yet?

Hi Guys,What has been a deal structure that has worked for some of you guys on a typical single family home flip? 

Even though that $150K is greater than the purchase price, the loan would be structured as a draw loan.

I'm open to all suggestions on how to structure this and if you have experience with these type of deals please feel free to reach out to me, I have no problem releasing my interest.

It's the same with a fund  - "oh I wish I charged this fee; or set up this structure; or allowed myself to buy these assets."

However, we want to refinance right away, pay off the LOC + repairs, and take some cash out to purchase more properties (BRRRR method). 

Also limited 203k cannot be structural repairs. https://www.hud.gov/program_offices/housing/sfh/203kMortgage Payment Reserves, which is an amount of the renovation budget set aside to make mortgage payments while the property cannot be occupied for up to 6 months.

I’m interviewing contractors in Hampton Roads, Virginia, and one of them said their structure with other investors is they charge a 10% (of profit) as a Project Management fee.

I’m interviewing contractors in Hampton Roads, Virginia, and one of them said their structure with other investors is they charge a 10% (of profit) as a Project Management fee.