It's important to have enough capital for the down payment, closing costs, holding costs, and some cash to start the work.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

For some buyers it can be a really great way to build equity and have a low mortgage payment.

I’m not sure what to do , I’m trying to minimize loss and see if there’s any smart options from other investors  Perhaps it would be good to know this info as the loans may be worth keeping especially if they were written over the low interest years.  

So this total purchase and job could go as low as $380,000 and as high as $450,000 not including sales  Commission.

Hello All,I have a SFH property with about 500K in equity and a VERY low interest rate in an appreciating market.

cost: 1,300/mrunway: 4 months = 6,800spread: 1900all in cash: 138,800Income a year: 22800/y ÷ all in cash = coccoc: 16.43%seller sees offer: 250,000sub-to 120,000sell fin: 500 w/ 0% intrest term: 13.33 yearsdown: 50,000

Read books, seek mentorship, and understand costs.

I have about $100k available for down payment, closing costs and I'm hoping to have some left over for reserves.

I like how you included almost all costs (I did not see holding costs during rehab).