Short Term Project Long Term Project Lower Points Higher Points Higher Note Rate Lower Note Rate Here is an example for a standard fix and flip loan with a 12-month term.

Even if the roof repair is covered by insurance, is it best to avoid it for smaller things to avoid increased insurance premiums?

I would like to increase it if possible.

I have seen an investor pay 8k in closing costs to pull out 20k equity, so he only netted 12k and a $700 a month increase in payment.

I have seen the number increase dramatically before in other situations.

@James Miller Yes, I know you have to use the available section for additions or add an addendum to the base form to make a series LLC from the standard form to file with the state.

We even plan on having our wives involved increasing the number even more.

@Jordan Smith I have not personally went through it but I think it is a great way to get started, especially with the recent increases in prices we have had here in Pittsburgh the past few years.

Or is there a standard/usual number for cash offers?

Appreciation is gravy and you will get that with improved operations and increasing the income.