If you're really determined not to get dirty, then get 6 quotes.

Purchase price: $162,500 Cash invested: $30,000 Sale price: $245,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Graham Lyster, successfully completed a fix-and-flip on N Cox St, Kingman, AZ 86401.

And I still didn’t base the purchase on the ratio of property to land, but upon the cash flow the property produces.  

I am trying to purchase a second SFH investment property.

When talking to a seller, what are good sub-to questions to determine if it’s a really good deal or not.

Lastly, it cost money to sell real estate, typically 6-8% of the purchase price in transaction costs.

Hi Dave, Its great that your taking a pro-active approach to be prepared to purchase over the next few months. 

@Sarah Sullivan - We had an investor client purchase a 3 bed 1 bath brick ranch on a crawl space with fairly accessible plumbing fixtures.

Is it feasible to obtain a loan or a good old boy agreement where a lender offers 100% financing for both the purchase price and construction costs at hard money rates, secured by a second position on the borrower's other properties?

I purchased a 1500sqft 3/2 wood home about two months ago.