Are you wholesaling, rentals, flipping whatever pick ONE. 

I've had a very interesting proposition for a new on the market, higher end, flip property.....A buyer, due to personal issues, has bad credit - but cash in hand.

He wants to flip after work completed. 3 to 6 month estimated rehab. 

I found a GC contractor reference for a flip I have in works who is reasonably priced.

Hi BP,I'm in contract on my first flip !!!! 

Here are the numbers:Purchase price: $130,000Down payment: $32,500 (25%) (conventional)                             $26,000 (20%) (private)Interest Rate: 5% (conventional with principal and interest payments)                         10-12% (private with interest only payments with balloon at 24 months)Appraisal value: $205,000 (this is what it appraised for before any work has been done)                             $280,000 (estimated after reno)Rents: $1,400 (already rents for this before purchase with 2 of 4 units occupied)             $3,000 (once units are renovated for occupancy)Estimated Expenses: $1,300/month (during reno)                                      $1,700/month (after refinance)Estimated Cashflow: $-100/month (during reno while I live in flip)                                     $800-$1,300/month (after refinance, estimates are depending on interest rates and conservative estimate)Let me know if you need more numbers for better clarity.

Hi Guys, have first MHP under contract (I'm full time fix and flip single family guy in DC area).

We are looking at closing soon, barring a catastrophe, on our first investment which we intend to flip. 

In 2007 our Bay Area home sold providing us with some extra cash.My wife and I purchased our next property in 2007 with the idea of flipping it. 

They are the best price I have been able to find and have done a great job for our flips.