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.

it's very odd how people FEEL based on the economic data. 

He is an advocate of subject-to financing to purchase properties. 

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.  

What is the purchase price or capital required to assume the note? 

Cons: Economic growth can be slower in certain areas, so choose markets carefully.

A lot of people are moving out of California because of the pandemic, lack of economic support, and high taxes/cost of living. 

Medical/physician programs are typically best for primary or investment purchases..check in with @Joseph Chiofalo he is a national lender and refinance savant that's worked closely with me for over two decades.