You need to have 20-25% equity when you are done as you will need to refinance the place off of hard/private/fix n flip money loan.

Case Shiller has it as 3rd best return for buy n hold this century. 

Frank,We use Ruben at Crulliance at 400 N Tampa St 15th floor, Tampa, FL 33602He is absolutely phenomenal when it comes to understanding the ins and outs of real estate tax implications

If it's truly surrounded by $1MM homes and can reach that price via fix n flip, then that is the path I would take.Good luck!

I have a duplex aswell, that i BRRRR  n the last R repeat, maybe we help each other out?  

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,000

Cash invested: $31,000

Sale price: $170,000

2 Bed, 1 bathroom single family residence. Little house on...

This property contains 0.152 acres of land mainly classified as APT 4-8 with a(n) APTMT 4-8 style building, built about 1900 , having BRICK exterior and TAR+GRAVEL roof cover, with 5 unit(s), 12 total room(s), 4 total bedroom(s), 5 total bath(s), 1 total half bath.

Narcissus Avenue #512, West Palm Beach, FL 33401Ft Lauderdale Office2850 N Andrews Ave, Ft Lauderdale, FL 33311

N/A How did you add value to the deal?

N/A How did you add value to the deal?