I just got the numbers from our appraiser this morning, Here's where we are now 3 /10 / 17.Price we paid for the home: --  closing, HOA,  attorney, taxes, insurance, everything of purchase, and all holding costs to date: ... $130,255.99House rehab, contractors, and material expenses ( Does not include our sweat labor, my wife and I ) ... $83,129.93Total $213,385.92Home was appraised at $380,000 yesterday.Potential profit of: $166,614.08 ( minus realtors and capitol gains )So, I guess the 6% commission would be $22,800 or ( $11,400 for the listing agent and same for the buyers agent )So, what should I do?

Still a bit high for us, so for the heck of it, my mentor asks if he'd take 7k (happens to have a 4k and 3k cashiers check from hunting earlier this morn.

I was out to talk to 3 different home owners in the morning and I met this guy I had a short conversation turns out the guy is a flipper who said he'd "buy all the houses I brought him" and he asked if I was asking for a job.

late morning and will be available Thursday, Friday and Saturday for showings.

Location: middle income neighborhood with rentals in high demand & a university 3 miles away.

Good Morning,Is there anyone with a short-term rental available in the Baltimore area for March 17th-28th?

The bank appraisal comes back today so i will update this post later.4) Funded the deal using savings, and I liquidated some investment accounts.5) The contract close date is 3/24/17, I'm pushing for 3/17/17 and I plan on having a tenant in the place by the middle of April.Lessons Learned So Far...I should have started sooner, I should have maybe looked at more duplexes because there were some cheaper duplexes that were available and could have met our requirements. 

Still a bit high for us, so for the heck of it, my mentor asks if he'd take 7k (happens to have a 4k and 3k cashiers check from hunting earlier this morn.

I'll give them a call in the morning. 

Jo-Ann Lapin good morning I'm looking into Memphis since the Los ángeles market is out of my budget I want to buy and hold with some cash flow