How did you pay for the down payment, holding costs, and repay the contractor?

Bring a dumpster and take out all your trash to save on your demo costs.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

Hello Everyone, My Sister Just got married and with high interest rates, and high cost of homes in Utah, it’s going to be really hard for her and her family to afford buying a home.

Hi Griffin, It is not uncommon for hard money lenders to finance 90% of the purchase price and 100% of the rehab cost on a 6-12 month term, and then they'd be able to assist with long-term funding for the property once it has been rented.

Partner Driven financed the Juniper Dr deal using its own capital, covering the $195,000 purchase price and $65,000 in renovation costs.

From my research, the average closing cost of a single-family home in Texas is between 0.98% to 1.31% of the final home sales price.

The duplexes in the area of Long Island I'm looking at cost around $700-800k.

Partner Driven financed the N Cox St deal using its own capital, covering the $162,500 purchase price and $30,000 in renovation costs.

To save cost and headache I suggest to keep your property and his property out.