West side of Cleveland, Oh9500 lorain ave cleveland oh 44102Needs FULL rehabComes with paved parking, very RARE on Lorain ave, also come with drawings and plans, over $20k value13 x 1 bedrooms ($600-650)2 x Efficiency ($500-550)1 x 2 bedroom ($800-850)When finished should bring in 9-10k monthly gross ( do your own DD)Asking $499,999Message if interested, won't last long!

Usually, in my area, new construcution tends to go for more depending on the finishes.

CashApp, etransfer, they can go to the bank and make the deposit themselves (preferred method) & I’ll take any other form of payment that transfers money from them to me 😆 I am planning to switch to an online system as soon as I finish taxes.

Understand what finish level gets you what price point and when amenities are a waste of money and when they are not. 5.

The thing that they all have in common is that they started as and have always primarily been a way to hide flaws in the finishing of a ceiling.

Initial Down Payment: $63k (Lines of credit on our personal properties)Initial Loan: $420kConstruction Loan: $140kLOC injected for additional remodel $40k - we realized we could get more rent for an additional $10,000/unit to spend - washer & dryer in-unit, nicer finishes, and upgraded bathrooms.Cash injected for additional expenses: $20kRefinance after stabilization: $460k at 5.75% Int. for 5 yr., 20 yr.

A flip can take three to four months when you're doing a cosmetic flip (new kitchen, new floors, new roof...etc).As for finding a competent contractor you simply have to interview them and see who actually takes notes, is reliable, gives suggestions, makes suggestions on how to find much more cost-effective finishes and does not over-charge then they're a good contractor but that contractor already has a ton of business.

However, we need more money to finish the current flip, and will most likely keep it our homestead for a few more years because we really like it and the area, and it will give us a great opportunity to HELOC.

We have one property (in New Orleans) that we just finished remodeled and are waiting to pass all inspections before we put it on the market. 

Now that that work has finished, I am back looking at real estate again, but looking at investing in 50+ acres properties in Southwestern Virginia and West Virginia.