Considering the potential for unexpected costs, especially with the unpermitted addition and the need for significant updates like roofing and windows, the profit margin seems tight.IDK, the significant dip into your savings for a project with many unknowns could strain your safety net.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

@Jesse GrimUsing a hard money lender (HML) could potentially speed up the process of accessing funds for your fix and flip projects, but it's essential to weigh the pros and cons carefully.

So I have a potential property to go under contact.

Hey Annwar, with $50k cash and some equity to potentially play with I'd look to do BRRRR's with cash purchases.That said, it will come with its own set of challenges.

I don't do anything with list generating. but once you have located a potential property you might want to acquire, that's when my platform can help.

If she is working at that company she cannot take it out. she potentially could get a loan but that would be a question for the plan sponsor.

Nothing really changed $0 vs $1 I bet listings still for most part offer co-op and if not lenders would cover it, etc.

For sourcing deals, consider leveraging a mix of strategies including networking with local real estate investors, using online platforms like Bigger-Pockets for community advice, and exploring public records or foreclosure lists for potential off-market properties.

It is generally legal for a landlord to include provisions in a lease regarding the duration of guest stays and potential charges for extended visits.