Hi everyone, I am wrapping up the renovation of a 2 bed, 1.5 bath in Fort Worth, TX.

The deal cash flows or has a clear defined path to achieve solid cash flow4.

What is the Gump's building worth now vs 5 years ago?

I really want to absorb as much as possible but only have about 70K in cash available, so I'd rely on financing, which I am no stranger to.

Hence, I have a positive Cash flow.

Turnover, in theory, should be cheaper as well.The current rental cash flows ~$400/mo.

In other words, a wholesaler needs to find a deal where they can get the property under contract for an amount that is low enough that they can not only cut themselves in on the deal (assignment fee, etc), but also pitch it to an investor who sees enough profit in the deal to be worth it to buy it from the wholesaler.  

Unless you have cash, nothing about this is going in an LLC.

Keep in mind renovation costs will need to be cash aside from your down payment and closing costs - I'd create a healthy buffer here.

We are looking into purchasing cash and do some light updating but the county records shows as a 2/1 but the house is actually a 4/2.