one thing that always worries me about those deals.. is the lender can at their sole discretion stop funding the project and make the owners cash them out .. so there is that risk too..

Have you made a decent profit / cash flow in this city?

Purchase price: $250,000 Cash invested: $20,000 Sale price: $350,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a quick flip on Owens Creek Road, Catheys Valley, CA.

Assume there is a way to categorize it, track individual expenses, then have cash-flow reports for income/expense come tax season.Thanks!

Getting $450k from a home sale and willing to pay entire year rent upfront.

I choose multifam because they have higher cash flow.

He will give me a range up front.

Ive met with sellers who cant go on market because they cannot afford the commissions or don't have enough equity to cover the cash offers flip investors submit.

This is very similar to adjusting DTI if the borrower owns cash flowing rental properties in addition to their primary residence. 

I find data on free sites like Zillow extremely helpful for days on market for certain homes, and it allows you to sort by bedrooms to see how long a potential property may sit on the market at this moment (great for comping rent prices in the area as well)if I were to live in the property, I would take advantage of the FHA low down payment option to keep cash in my pocket for Reno costs  Hope this helps!