Here are the numbers on that deal: Purchase Price + Closing Costs (buy): 181,291$Total Rehab: 18,145$Holding Costs: 6,013$Closing Costs (Sell): 12,564$Sale Price: 220,053.42Profit/Loss: -7,939.41Key Lessons I learned: 1) Be wary sourcing deals from wholesalers.

Should I pull the trigger on a investment property now or should I wait until I graduate college to purchase something?

Having said that, the bigger jobs would usually include vinyl siding an entire house or duplex as well as replacing all of the windows.One thing to note, in the 100's of lead inspections and rehabs we've done in Cleveland, we've never seen or heard of anyone digging up a front yard.

Why do you think purchase contracts are so long and have such small print?

I am considering taking out a HELOC on this property to purchase another property closer to my primary residence.

Purchase price: $60,000 Sale price: $87,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mark Raby, successfully completed a deal on Garfield Street, Sioux City, IA.

I have been living in a duplex househack that I purchased in 2021.

You can meet flippers at meetups or try to obtain a list of people who have purchased houses for cash in your markets, then call them and see if they are interested in more.

Next came what I would call 'land speculation' (SDIRA purchases unimproved parcel and subdivides or does site improvements, then cashes out) followed by a distant last place - rental investment.

It's difficult navigating the home purchase process in general, but a lot of more difficult buying something with costly surprises you didn't plan for.