@Tim Townhill I'm late to this post but curious what progress/feedback you have since your original post?

Originally posted by @Yasmani Delgado:@Nicole Heasley Let me give you the reason for my question.

But I think I am always skeptical which is why I am reaching out here...She did share with me she would furnish the entire house, post pictures, pay 2-4 months of a deposit, and begin with a 12-15 month lease and see how it goes.

See my other posts for typical renovation costs in Metro Detroit, and how to build a portfolio in Metro Detroit if you don't live locally.

Thank you for the information.

These are markets with somewhat to very affordable cash flow options that I have visted and loved and could see myself living for a temporary amount of time for a rehab/primary res, but don't have the minute data and information I am looking for.

We can share some contact information so that when I move out to San Antonio next summer, we can make some deals happen! 

Right now its generally as little as 12.5 bps (1/8 of a percent) at most lenders so not really worth it.Regarding the terms you posted - I ran these through our sizing and they look in the ballpark of market, not much better or worse - with some assumptions, our pricing looks to be 8% flat with zero origination fee/broker fee and $1,000 underwriting for this scenario. 

Originally posted by @Jonathan Soto:@Harry Walker   thanks for the feedback. 

We have three offers for them, and I would like to present this information in the best way possible.