Now they have come to realize that the renovation costs are much higher than expected and are looking for suckers who would be willing to pay a lot for buildings that have sat empty for years and have blight liens against them?

Rate hikes the past year have made community banks much more expensive and we had to pivot to a credit union.Assumptions were pretty much non existent when rates were low, but a lot of investors are buying deals by assuming the exisitng debt in this part of the cycle.We evaluate a deal by Buy Right Manage Right and Finance Right.

Purchase price: $810,000 Cash invested: $200,000 Bought an SFR that needed a cosmetic rehab and had an unfinished basement.

With the new commission laws in place, some buyers going directly to the listing agent in lieu of having their own buyers agent because they’ve heard that they will need to pay their agent directly out of pocket and they just don’t have the extra funds, with high interest rates and home prices in todays market.

Hey Robert, I have struggled with the adjacent before/after for different reasons as well (Pricelabs really needs a better education model) on their product, but I was able to figure out my issue by reaching out to them.

I live in California and most likely won't be able to do much here because of expensive prices.

If he cant do it I have a HVAC technician who can if needed and I'm in the Cleveland area

., you can rent the property as much as you can.

They also replaced the AC/Heater in 2021, very little needed.

Thank you very much for your reply Logan.I purchased the property cash (Heloc) for 165k.