Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

If you can't identify why an investor would want to buy it - you'll likely have a hard time moving it

2024 was a banner year for our investor clients with eight prime Oregon Coast vacation rentals sold. Four properties were existing STR's that had a permit 'transfer' and the other half were eligible properties that su...

What kind of property did you buy?

In terms of buying vs. selling - it really depends on your situation and what your goals are. 

Deciding to buy a duplex or SFH.  

What type of properties are you looking to buy?

I’ve been listening to the BiggerPockets podcast daily on my commute and finally decided to jump into the forums to learn, connect, and start taking action.A little about me:I work as a Substation Design Engineer and currently live near the Jersey Shore.I’m focused on learning about house hacking, buy-and-hold rentals, and creative financing strategies.Right now, my biggest challenges are:Understanding the best financing options for a first-time investor.Finding a solid market near me that aligns with my budget and goals.Learning how to analyze deals with confidence.If anyone has tips, resources, or experiences they’d be willing to share, I’d love to hear them!

I would buy more efficient new boilers and then solve for A/C if needed...

Are you buying the one on Mitchell??