I have spoke with the same bank that I got my initial loan from, and they are willing to fund the rehab or 80% of it at least.

I am resident of New Jersey and bought my first 4-family (in Somerset) last year at 22 and was initially excited to get the ball rolling, but good deals have seemed to be non-existent since.  

Sounds like COC looks low and even if initially everything makes sense, the more I think about it (last 45min :) things are getting blurry.Can someone give me few smart words of knowledge on this?

Purchase price: $20,000 Cash invested: $90,000 Part of an initiative to help revitalize and bring people back to the community.

We did a 70% rule with an initial ARV and offered our MAO How did you finance this deal?

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You can also send another email blast with more info or updated pics a few days after the initial emailWhen do you decide to re market or do a price reduction?

It is one of the reasons for getting my RE license.On the other end, and the initial catalyst for me getting my license is I have a couple of syndicate groups focused on SFH build/reno and lease forming in my network that need a real estate agent and I fit the bill.

My initial thoughts are to hold and rent it because it will cash flow.

Since my wife and I intended to initially live in the property, we decided to make it nice.