This might take a little longer but could get you to your number with a freshly renovated house and some additional equity in the deal.

I need advice and tips on how to dive head first as freshly licensed real estate agent!

I have a few questions:-Do they want to see 'history' of the cash for those reserves or can it be freshly deposited?

@ Matthew Porcaro Yea i have looked into doing the 203k since iv always wanted to buy something that needs some work. realized quick that the properties that i would find the banks didnt want to lend on and i dont have the resources to do a cash deal and renovate. in Chattanooga I would be starting fresh as I dont know the contractors that work in the area.

Born to an earthworm farmer in Antarctica, I am expert with an easy bake oven.

Purchase price: $299,000 Cash invested: $23,000 3 bedroom, 2 bathroom single family home in Red Oak, Texas with tons of upgrades including:*Brand new white and red oak wood floors*New windows throughout the house*Updated kitchen*Updated bathroom*New carpeting*New drywall throughout the house*Fresh paint*New electrical*Fixed foundation *New solid core doors What made you interested in investing in this type of deal?

I want it to look fresh and green when I go to sell it. 

I'm hoping for input from folks in Detroit about how much rent for 3 bedroom 2 story attached brick townhouse units freshly rehabbed In Mexicantown would Rent for.

The costs must be baked into the rents, or every investor would not earn a return, and the number of rentals in that market would be few are far between.

What do you owe the tenant when the A/C goes out, the fridge dies and the tenant loses their fresh supply of Alaskan crab and filet mignon, or the water heater goes out and they can't shower?