Purchase price: $160,000 Cash invested: $45,000 My parents my wife and I own the property next to this one.

Although you might be able to get away with it for a while, all it would take is for a neighbor to call in and you could get shut down or fined.

These typically account for about 80 to 85% of all expenses in a flip.If you know the lenders' terms and the loan duration, lender fees, the second greatest expense, are easy to calculate.

Hi All, It seems like there is great feedback for Anderson Business Advisors (https://andersonadvisors.com/) on this forum.

I would check the rules in all of your jurisdictions.

I suggest 8% for a great credit buyer and higher for one with poorer credit.

In just one month, I closed 3 deals, all because I was reaching the right sellers at the right time.Now, I’m curious—how do you handle lead follow-ups?

I am not a developer , But down the street from one of my properties is a town house development .

As soon as we can, we'll prorate rent to the end of the month with the residents permission, so that now they are synced up with all of the other payments depositing near the 1st of a month. 2.

Do all your due diligence upfront (see if you can get an inspection done before submitting an offer)On the lending side a DSCR loan is an option.