I could cover closing costs and the rest needed to get the restaurant established.

Purchase price: $118,000 Cash invested: $89,000 Sale price: $315,000Brought seller out of foreclosure and remodeled house from condemned to seller closing with property value increased by $196,000.00!

The wholesaler and I can create a partnership so the wholesaler will get 4k at closing and the remainder can be used as a contribution into the partnership.

My clients did close on the home, but with all of the information in hand.

I'm just curious on your thoughts. were in myrtle, i think its close to accurate- were at $103k with our two properties so far with committed bookings and did $140k last year. we will see how it goes as the rest of the year plays out..

I have a 3/2.5 block house with new roof 2024 On paper 2000 sq does not include 400 sq closed in Florida room with central air.

Olde Towne East, close to the CBD.

Foreclosure lists I think can be determined at some sites like propstream (I've never used it so I could be wrong).3: networking with lawyers that do probate situation and/or divorce situations and want a quick close4: Owner occupant of a property on Hud Homestore - basically trying to help first time homebuyers buy - less competition5: tax auction and tax auction sites6: Offering on properties that have been sitting on the MLS for LONG periods of time and low balling them.7: Calling owners that have recently had their property pulled from the MLS.8: Wholesalers that are selling to you with an assignment fee.9: Low balling every property you look at on the MLS and seeing what sticks.10: FSBO with strong negotiation skills.11: MLS when you see the property really quick once it comes on MLS and put in a full price offer but it was mispriced low (I got a gem a few years ago that has probably close to doubled in values since 2020 when I bought it).12: MLS offers that you really want to ownI might be missing some others but these are the general classes of people that I have noticed. 

Most multifamily in our market sold for a 5.4% cap rate in 2023, and that would price it closer to $560,000.Other things to consider for your offer: FHA financing requires you to move in within 60 days of closing.

Rather than giving up we postponed closing.