Mortgage is current.Sellers are very motivated but I to get the rehab completed with at least $10k profit(repairs include a healthy contingency %, and ARV is below comps as I know people will say this is a skinny deal) which means I need to get the property for ~$95k or below.Any ideas on how to make this a deal?

I live with my fiancé and I was blessed to be able to buy my childhood home on a land contract (my parents downsized.)I joined the forum, because I wanted 2014 to lay down a foundation of happiness, wealth and health. I

Healthy networking and prosperous investing to you.

Healthy networking, prosperous investing and happy new year.Kudos,Mary

Healthy networking and prosperous investing.

Definitely get in some healthy networking, check out the podcasts and many blogs on here for a great learning experience.

Im a part-time real estate broker and landlord.My goal in 2014 is to establish a healthy flipping business.Currently seeking Single Family homes on the NW side of Chicago or Suburbs for rehab.Im interested in meeting people in the Chicago area who want to network in regards to house flipping and multi family properties.

@Joshua McGinnis If you're using HML, with points and interest, you need a healthy profit to be able to justify it.

We've had AC, furnace, flooring, roof, etc. issues that would wipe out that amount (and more) at once.I would plan for a healthy reserve fund and consider increasing desired net cash flow, and clarify gross vs net in your assumptions.Good luck with your next steps.

I'm looking for a buy and hold rental with healthy ROI and cash flow.