Sorry to hear about your troubles but not uncommon.You will find recommendations in the group.As you can imagine, we keep our trusted contractors close to our chest as we give them volume and need them working for us.All the best 🙏

Closing costs will vary.

Sale price: $112,000 3 bed and 1 Bath 1,100 sqft Home in Downtown San Antonio, TX!

Cash offer, quick closing! 

Full Brick Detached Duplex in Optimist Park (4 Bd/2 Ba) 1610 sq feetPP: $565k                                                                                            DP: $28k                                                                                              Closing Costs: $0 ($15k seller credits)                                            *Used to cover CC & Buy Down RateRenovations & Furnishings (MTR/STR): $47kCash Invested: $75kARV: $675k-$700kJust a quick aside, I think right now is a great time for an investor, because there are a lot more people on the "side line".

You do not own the home so you cannot use its equity instead you are borrowing money based off of the current owners sale price.Using the same banks/lenders Heloc in some cases can be fine since its attached to another home.

Let’s use fictitious $100k property (we will ignore closing costs for this example) that goes up 10% total (this is less than 5% annual due to compounding) in 2 years.  

The demand for homes with a bit of land and a shop is high where I live, leading to a larger buyer pool and quicker sales.

Do you want the seller to pay closing costs?

.- There are more houses listed for sale and rent in the neighborhood, which is pushing rent values down.- My current lease is up in September and the tenant is leaving, and I expect my monthly cash flow to reduce to $950, lowering my ROE to 3.57% and ROI to 9.5%, again, without variable expenses.- Homes are staying on the rental market for a few weeks, sometimes months, even at lower prices.