And even better you can stay so close to home for your first investments. 1.5 hours isn't bad, and if you need to make that drive for a day or even grab a cheap hotel for a night or two that's pretty nice.Best of luck.

As we approach 2024, which markets are you all looking more closely at for fix and flip projects?  

If you were to buy a $100,000 home you would need $10,000 + closing costs to close.

I am not sure of the laws for NYC, but that may not even be a legal option depending on their restrictions. 

Is it legal for syndicates to solicit for investors on FB?

As the title says, I'm interested in acquiring a STVR property in an area that has both summer demand for lake recreation, as well as close proximity to ski resorts. 

So they'd loan about 450k if your ARV is 1M (assuming this ARV is accurate), and then you can get a gap lender for the difference (180k plus closing costs/points/etc, holding costs).  

Private cash and group deals mean working with lenders or partners for down payments and closing fees.

Quote from @Account Closed: Quote from @Carlos Handler: Hi everyone!

If it is a refinance, we would look to pay off any current mortgages, finance the closing costs, get some cash-out if desired, and fund the rehab.