The correct answer is never to purchase a flip that has tenants.

Some owners want to purchase the materials directly and this can be a good idea in that they will be in direct privity with the supplier for warranty and post install service requirements where the GC may be hard to get back involved.

I’ve bought properties that cashed flowed 30% + on total cost, but they weren’t cash flowing when I purchased them; that kind of cash flow has to be CREATED.  

I see properties intentionally (or erroneously) underpriced and receive a lot of offers.

All of our Sub2 purchases its service by third-party Note Servicing company.

Purchase price: $135,000 Cash invested: $40,000 I purchased this farm as a place to park out tiny house on wheels & to be able to rent out the house on the property to have a cash-flowing primary residence ;) What made you interested in investing in this type of deal?

So this is very Interesting I recently purchase 4 properties in Alabama area and I now have to wait 30 days before I can quit claim them into my company name.

Hello all, I just purchased a property that is in very bad condition and will require a full gut job. 

One big benefit for you though is that there's a good chance those lots have appreciated since purchasing in 2020, and there's a chance you may be able to sell and completely recoup your costs and permitting fees, pending specifics.

@GravityPropertyManagement Purchase: $310,000Rehab: $350,000Gross Income Annualized: $100,800Appraised Value Post Stabilization: $1,010,00Cash Out 70% LTV: $700,000