Since the home has been sitting for 4 months now, let's say I throw in an offer of $78,000, they counter with $85,000, we meet at $82,000.With an eye toward's Scott's section on holding costs, I've put in a (what I think is) conservative estimate of 25k in holding costs - this is based on me paying half the closing costs when buying and all of them when selling (very normal from what I've seen lately), holding the home for 6 months, insurance, taxes, mortgage, utilities, 6% sales commission, etc etc.

You will find a whole seller from Maryland area as this site is packed with people from virtually every corner of the nation. 

We have found a really good property in philly and are looking to partner with a seasoned rehabber/flipper to help us gain experience in this area.The property is in the Germantown section of Philadelphia.ARV-90KSELLER ASKING 37KREPAIRS 20-25KIf you are interested in partnering for this deal, please contact me via email.

That's largely due to my incompetence.If you are seriously about REI, check out the learning section on this website (on the navigation, click on the Learn Tab).  

Each course has many topics, and each topic has it's section of reading that ends with a 10 question multiple choice quiz that you must pass in order to move on.

Learn everything you can about tenant screening, cash flow, section 8(if you want to go that route), evictions, local tenant rights, repair costs, etc.

Alot of people check out the "new member introduction" section and hopefully you can connect better with investors that would be able to steer you in the right direction.

I found a Section 8 , 4/1 SFH offered at $78k with yearly gross at $1228, 15% CAP.

I apologize if I have posted this thread in the wrong section.

all these old houses have the same issue. the wall is 2" deeper than the tub and you cant put tiles there to prevent drywall damage.you fix the drywall and it comes back. i am guessing the tub has a slight pitch and that's why the splashing water is rolling towards the outuside of the tub.see the picture.the corner guard is not helping, as you can seeanywhere to fix it?