I have $10k in profit, and my original $500k back to lend to the next person.Let's say I flip that same $500k 10 times in a year.I just earned $100k on $500k.That's a 20% ROI.In reality there's a lot more going on, various estimates say the net cost to originate a single loan is $4500 to $8500 mostly due to Dodd-Frank and CFPB... probably 0.5% of your interest rate is just that alone.

At this point in time, I have two buying opportunities that are two different strategies; buy and hold, versus renovate/fix and flip.

At this point in time, I have two buying opportunities that are two different strategies; buy and hold, versus renovate/fix and flip.

So I think it makes more sense to fix and flip than investing in rental in northwest region.

Buy and Hold for Cash Flow, Buy and gold for wealth generation, BRRR, Flip etc... each market is geared toward a certain strategy... or better put one strategy may work awesome in Hamilton, while another may be just near impossible.  

They can accept the offer and you get a good deal or they can reject it and you move on to the next one.If you are trying to do a flip or a wholesale deal then you may need to adjust the numbers but the basics are the same.

As a new investor looking for my first fix & flip, I don't have a great idea of what it would cost for different types of rehab.

Occasionally, they have to fill a vacancy for their client.If you want to be a commercial broker, it will take years of working residential.If you want to be an investor, you need to decide what type of investing you wish to start with (buy and hold vs. flipping) and learn about that and start investing.

We plan to use it as a down payment and rehab costs for a fix and flip most likely since the buy and holds in are area aren’t cash flowing much.

After turning 30 and having our first daughter, I flipped my mental state 180° and began obsessing over my health and future.I've been scouring these forums and listening to the Bigger Pockets podcast.