Purchase price: $460,000 Cash invested: $120,000 Sale price: $675,000 Contributors: Amaury Zambrano This is a fix in flip purchased under 75% ARV and looking to resell in late February or early March depending on changes in the scope of work.ARV was estimated at $610,000-- but sold for $675k.Private Loan is $400k the rest is my own cash invested.Initial personal cash was apx $60k for purchase $75k construction $20k holding costs, $25k closing costs.

Don't screw around...get busy and start selling the day you start....Ask brokers in your area if there is a season....as your thinking goes there has typically been a season...busy March to June and tapers off to September and then slows during the winter....however I have found in my market we are busy all year round. 

That amount of stress, liability, and work just wasn't worth the $2500/mo cashflow I was getting.Nowadays, I focus on mostly B and A class properties, and I'm willing to accept much lower cashflow numbers if I know that my tenants will be highly, highly qualified (e.g.; traveling nurses and doctors, airline pilots, tenured college professors, etc., etc.). 

The first is the Buy and Rehab or the "B" and first "R" in BRRRR.  

In March, we were pricing loans at 3.99% and now most of the loans I'm pricing are in the 7's and 8's and I'm not alone.  

We have about 80% occupancy March through November and then it drops to about 50% for December January February.  

Purchase price: $75,000 Cash invested: $400,000 My first new construction project started out when I broke ground on March 5th, 2020 and the world shut down a week later.

@Pretty Khare I can't think of any reason except that if you close early Jan your first mortgage payment won't be due until march vs feb

There’s a property that’s been vacant near me since about March of this year.

Jerome Powell, chair of the Federal Reserve Board, delivered speeches in December of last year, March, June, August, and September of this year, and with each speech, the tone increasingly became more vigilant.