OK, you paid 50K for a house, spent 5K in closing costs, 15K to rehab, and you net (let's say) $500 a month. 

Purchase price: $60,000 Cash invested: $40,000 Sale price: $125,000 Fix and Flip in Louisville Kentucky.This was our second project in Louisville and it was masterfully done by our crew.We were in there the moment the house closed and our investor was able to sell it in less than 5 months.New roof deck, kitchen, bathroom, flooring, paint.

Greetings, BP Team.I am putting the puzzle pieces together in order to get ready for my first project, and ask that Houston-area investors reach out to me with the names of trusted contractors.Specifically, I am in need of a general contractor that:1. provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus),2. is able and willing to do cosmetic work as well as studs-deep rehabs,3. has a dependable crew(s) and is known to hit targeted completion dates,4. is knowledgeable of Houston / Harris County permitting and inspection requirements.As this will be the first of a long line of profitable projects, I really appreciate your referrals and any other recommendations that you could lend me.Thanks in advance!

Is the $775K inclusive of the closing costs, transfer tax, land, architectural drawings, engineering drawings, township approvals, legal fees, holding costs (during construction), realtor fees? 

The broker said the occupancy rate is about 90% all the time because it is very close to a hospital and most of their renters are hospital residents.

Just closed on my 1st multifamily property.

I second Account Closed on this one, I feel like nothing kills a deal with a potential cash-flowing condo then a brutal HOA/Condo Association.

Hey friends,Who is closing multifamily deal with seller carry back at a moment or is closing soon?

RULE: "The seller must have owned the home and used it as their principal residence for two out of the last five years (up to the date of closing).

It won't be 100% accurate, but it will be close enough.