Sell then buy to brrrr seems like it is the way to go. 

Everything else seems pretty good!

(copy/pasting from other thread full disclosure - sorry always seems odd to me not doing original composition LOL)@Samia Moughanni - Hi Samia!

Your setup seems pretty solid with the note purchase agreements, but it never hurts to explore new options.

I signed up for the pro account just now and there seems to be A LOT of information to digest.

Given the unique circumstances and the specific changes made to the property, offering the price the owner was asking before the remodel seems like a fair starting point. 

And, frankly, I wonder if some of these folks who get a bunch of property seemingly overnight don't have paranoia, fear, anxiety, and live with the very real possibility of bankruptcy if things outside of their control happen in the market or a couple of pieces of bad luck strike.

The interest rates and terms seem pretty attractive.

Your calculation of $40,000 out of $160,000 would apply if the total investment included both the property cost and the materials/supplies, but in this case, it seems the property cost is separate.

It does seem that higher rates are reducing demand for loans, which is driving up home inventory which could - I stress could - suppress home price growth.