Here’s what it netted me:$52k in equity at closing: The home appraised at $185k, a full $45k over the original asking price.A solid comp for my flip about to hit the market.A happy seller who got what they were asking for and more.Satisfied buyers and sellers agents with even more commissions.Only $6k down: This is about 3% of the purchase price.I wanted to share this to help get your creative juices flowing when it comes to making deals.

Purchase price: $160,000 Sale price: $180,000 Contributors: Peter Vekselman Partner Driven, in collaboration with J.L.

Purchase price: $40,000 Sale price: $78,500 Contributors: Peter Vekselman Partner Driven, in collaboration with Julie Bilyeu, successfully completed a sale on South Holloway Church Road, Lexington, NC 27292.

Aloha Russell,I purchased a property in a floodway in Honolulu Hawaii.

I am newer to this forum so apologies if I am posting in the wrong place but I have a couple questions about purchasing a SFH with an un-permitted ADU.

As title states am interested in purchasing a 4-plex, owner occupying one unit and renting the 3 other.

Purchase price: $310,000 Cash invested: $15,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Carriage Lane, Oakdale, CA.

The broker/ acquisition fee is a percentage of the total deal (estimated property and reno) or just the purchase price of the property?  

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

This means that these purchases are negative thousands of dollars per month.