I brought a partner into this deal to get it done, I will be funding the rehab portion of this Fix and Flip deal.

This implies that rather than pay the loan early, you are likely to do better putting that money in S&P or you can do far better using it to make a smart RE investment.- current f/f is around 6%.

This opportunity fell in my lap as I know the motivated seller who is willing to sell, but I'm not sure if I can get the price that he wants for it.I don't have the property under contract yet, and this is my first wholesale deal.

As far as I can tell this tenant has a handshake agreement at this point with the landlord prior to me. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

I'm surprised I haven't seen any talk of this in the forums (or maybe I just missed it).

Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

@Sanjida RabbaniRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Hey @Katie Casper, check each municipality for the regs.There have been a lot of restrictions put in place depending on the area.There have been some lawsuits flying around in Conway so do your diligence.Bartlett is hard to read, but there are a ton of folks working to ban STRs in the area.

I made offers in the Midwest (Indianapolis) to attempt to BRRRR and 2 flips with a Hard Money Loan, not using any guru or coaching program but with on market properties.