Good day everyone! One of my skills is underwriting. Thus, I ensure to vet the deal to forecast the best (or worst) possible outcome for the borrower and a private money lender. That said, here’s another I underwrote…...

Do any of you run ads on Google, Facebook, Instagram, etc. on your listings for your fix and flips? 

Flip flops on the ground here!

House was booked for the majority of June and July is looking to be the same.

$250K Reno cost seems very high unless it is a big house over 3000 sq ft. 

If I were still single, I would have definitely considered purchasing a 2-4 unit property to house hack.

Investment Info:Small multi-family (2-4 units) fix & flip investment.

However, you would have to make sure that you have been living on your current primary house for at least a year before acquiring your next primary purchase.

Those offers never came, one was supposed to be from an affordable housing nonprofit that had access to 4.5% financing, but they put us on ice for a few months while we waited for their slow board aproval process, and then they had some sort of organizational staffing shakeup and recently told us they couldnt put an offer in.

You knew this going in and you still decided to buy this house.