I didn't mention it but I will be living in one side with a friend of mine and the other side has been rented out by a sweet old lady for the past 8 years so I will leave her in there as long as she continues to pay the rent.

Given, in our market, if you ignore all the positive benefits that others are factoring in, it makes it harder to bid.. until you find those sweet deals!

OK lets see if I have this right, I'll make it short and sweet. 1- I negotiate a SS and can buy it at a good price.

Sweet....

@Chris Doyle - sweet pic dude.

What makes this potentially a sweet deal is that you can do a cash-out refi 6 months after the purchase and borrow back most, if not all, of your investment.$50k purchase, $15k rehab, $5k holding costs/misc. = $70k invested$93k ARV * 75% = $70k (approximately)Your P&I on a 30 year, $70k loan at 5% would be $375, leaving you $50 - $60 a month cashflow based on the 50% rule.As others have pointed out, you can find better cash flow in a cheaper neighborhood, but I'd rather deal with $850/month tenants than $650/month tenants.

I personally would not agree to pay these costs, but if the deal is sweet enough.....  4.

Well guys, since that post I've got two sweet deals under contract.

Massachusetts as an example.Is there a particular sweet spot (lower end of the market vs. middle or high end) for doing high volume wholesaling?

Love cooking, going for walks with my dog, living the single life, traveling, a good dry red wine, and face massages.