My guess is that the buyer structured this to where the purchase price will be $87,700 for the property. 

Ideally, I'd like to be all-in, including purchase and rehab, for approximately $115K-$130k while adhering to the 75% rule (or close to it) in a C-class or above neighborhood. 

I finally saved up enough capital to purchase a decent town home or condo in Las Vegas.  

I didn't realize so many various contingencies can be included as part of a house purchase, Geeeezzz!

So Jan 2023 I purchased a brand new home about 2 miles from the beach.

@Julie Bourdon investing should be approached logically, not emotionally.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Now in terms of investment in these areas it can be quite tough because of the higher barrier of entry in terms of purchase price and demand for these pockets but there are still deals to be found.Anything in between Girard and Washington Ave University City/ Spruce & Squirrel HillManayunk & RoxboroughWest Germantown, Mt.

I am actually thinking if I should purchase one for my primary residence. 

Purchase price: $268,750 Cash invested: $60,000 Sale price: $430,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mike Hardin, successfully completed a fix-and-flip on N Deerview Dr, Lake Villa, IL 60046.

Hi Tyquan, An FHA loan would be an option for the use of a primary residence purchase.