I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC) out of the next one.I am going to look to find a financing partner to cover the carrying costs of the next flip.On a $400k house (average for my area), the total investment would be $85-$95k and would be paid directly to the lender and subs/suppliers, not to me.I can bring the lender, as I have a good rep with the one I use.I will do all the rest.

Rates are coming down pretty hard however probably not quite as much as owner-occ / conventional and a bit muted more than treasury bonds considering the risks. 

You don't think they will want their insurance, which I assume they've been paying out of pocket for many years since the house was build and owners never paid, to cover the cost of a new roof and fix the leak which appears to have been there since the house was built?

I learned what to look for when looking at a house and what tactics to look for when negotiating with a seller.

Ideally, you'll find a wholesaler you can really work with who will involve you before they get the house under contract so that the contracted price works for everyone, including the seller.

I own a victorian house that was fully gut renovated/modernized 18 years ago.

The new owner had it checked out and it ended up being the septic line from the tank to the house was never done 🙄. 

Hey @Drew Sygit, I’m literally just turning my SFH into a house hack coliving rental.

I moved from Florida to start investing in Columbus because of the same reason.https://www.zillow.com/learn/hottest-housing-markets-2024/Learn about the core-4 and how important it is to build a solid team when investing long-distance.

If it was my house I'd want to keep an eye on it in person.