As if all this isn't bad enough, they don't work with conventional financing and steer customers towards using their own internal lender, which charges exorbitant rates. 

Other than some electrical work it will need we will self perform all needed work with our internal crew.

Anyways here's projections I came up with, the house needs new siding and it's fairly large, I guessed 15k - 20k, the front porch could use some foundation work I didn't know how to guess so I assumed 5k on that, then I blanketed myself a 10k interior renovation.

Hey!I am looking at buying multiple properties in the midwest. I am a Canadian citizen and resident. Are there any additional taxes, paperwork, or intricacies I should know before I approach a wholesaler to buy some p...

HI ,I Am currently looking to be an intern/assistant to  learn as much as possible here in Florida, I want to get as much experience now so later it can save me a lot of trouble.

I'd budget much more; even if you are doing the bare min to the interiors of those empty units(paint&some flooring maybe) along with the brick work = $10k+. 

Unless they took photos of the interior and exterior for your review, a statement of "it all looks ok, Mr.

IRR is internal rate of return. 

We also just do our own internal evaluation of the property. 

That still being said, Even after buying, fixing and added money over that period, my internal rate of return is still great as it still comps out at 70k+ and I will be able to refi again in the next economic boom of 2030-2033.