Hopefully you have not put in an offer yet and are still looking at numbers to see what to offer because otherwise, you will be underwater on the project.

Feb marked 3 months in a row of the market picking up. We are seeing signs of higher demand even though rates remain high, months of inventory decreasing, multiple offers becoming very common again, and consumer confi...

It's important to carefully plan out each step of the project to ensure it stays on track and within budget.

Then you subtract the fixed up cost from what the renovations would be to get a number.

You only have so much cash to put down in the form of down payments and renovation costs.

This affordability factor, combined with the potential for long-term appreciation and steady rental income, makes older low-rise condos a compelling investment choice for savvy investors looking to diversify their portfolio in Miami's real estate landscape.BUILD EQUITY – Investing in older low-rise condos also allows investors to capitalize on potential renovation opportunities.

Purchase price: $215,000 Cash invested: $75,000 Sale price: $385,000 10 weeks project What made you interested in investing in this type of deal?

They project a profit of 200% in 3-4 years. 

Pluses and minuses to everything where each individual investor weighs what they can live with versus what is a deal breaker for them investing in a property or project.  

Then you could determine how far you want to go with the project vs your capital vs partnering with someone to help make the vision viable.