Investment Info:

Single-family residence fix & flip investment in Success.

Purchase price: $55,000

Cash invested: $25,000

Sale price: $119,000

Bought at around $50k
Fixed up at around $20k
So...

@Alec Jacobs you have a good process as far as making them fill out a application before touring the property.

we have two properties under agreement and both are $2M + and VA loans, which i was shocked they go that high, so yeah they are powerful.

// Shared Ownership, Different Rules TIC Owners: Hold fractional shares of the entire property, but no one owns a specific unit outright.

It’s also worth considering a multi-family property for your first deal since it can help with cash flow.

Until now I've focused on distressed single-family and small multi-family properties for rehab into rentals (BRRRR).

There is around 500k equity in the property. 150k-200k would get the property fully rented at top dollar with desirable tenants. 100k would get it to where I can rent all the units back out at fair reasonable market rents.

In fact, it is usually an automatic no deal unless you are putting 50-60% down for an investment property, but at that point, it wouldn't be worth putting that much cash down on an investment property where you can get much better returns in markets such as Denver. 

I found a property on an auction site that I'd like to bid on.

I also have invested in less expensive properties as opposed to just one big property.