Most flippers imagine themselves in and out of a project relatively quickly (3-6 months), and in those cases, the points hurt more than the interest. 

Heard so much good stuff about it I think we may consider renting there, if even for a quick jaunt down before the end of this summer the scope it out.

There is but ONE way how to start, and how to become FILTHY (rich)...

During the past few years, television shows and seminars have flooded the flipping market with people who believe flipping homes is an easy way to riches. 

Since most flipping transactions have a quick turnaround, the idea is that any profit is derived from the ordinary course of business.

@Joshua Meade I like the recommendations that @Corina Eufinger and @Rich Jordan have offered to you.

Hi all, quick q: I'm planning on getting 5-7 smaller multi-fam properties or 1-2 large ones. 

Thank you for your quick reply.

Its a quick way to go broke.

Here’s my quick look at the BRRRR calculation:$220,000 ARV x 70% (All-in Costs Target) & Refi LTV = $154,000- $35,000 Rehab estimate = $119,000- Closing Costs - Holding Costs = Maximum Allowable Offer (MAO) or Purchase price Your $165K Purchase price is already over the 70% (without Rehab, Closing, or Holding Costs).