The majority of inventory in Milwaukee that is listed on MLS as an "investor special" or with "value add" etc, typically does not have enough spread to exit a deal with no money down post refi.The common rule talked about with BRRRR is the 75% rule (you want your purchase + rehab costs to be 75% of the ARV).

I am curious if anyone is wholesaling MLS/listed properties as their primary strategy?

They had confirmed their first booking within minutes of their STR listing and have not looked back since!

I am talking with many realtors, insurance people and lenders right now to find the best deals and to compare quotes and for the numbers to be more specific and keep making sense.

I have an agent marketing the property but it does not seem to be listed on many sites.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

I have an agent marketing the property but it does not seem to be listed on many sites.

Quote from @Melvin List: @Stanley Smeltzer if you going to start out as a primary residence I would also see if you qualify for Down Payment Assistance or Fannie's $5000 grant program.Thanks for sharing this Melvin!

Long time no talk.