The expenses of the mortgage, property taxes & insurance and HOA (if applicable would have to be at or below the number- in this example, $8,000).

I’d like to send a notification addressing this to my tenants.

Hi BP Community,I'm in the process of evaluating a fix-and-flip opportunity for a single-family home (SFH) with the following details:Purchase Price: $1,000,000Renovation Costs: Approximately $400,000Estimated Timeline: 12-14 months from purchase to saleI'm trying to determine what would be considered "good enough" multiples and internal rate of return (IRR) for this type of project.

I think happiness is overrated, being content is much more important and feeling accomplished.

I ended up getting lucky and finding this one on zillow.The biggest problem I'm seeing is that everyone in my area wants close to retail price for fixer uppers - and people are paying it.

I am keen on establishing connections with fellow professionals such as entrepreneurs, builders, real estate agents, and architects operating in this domain.

Thank you in advance for any and all help. 

Access to Capital: Fix and flip projects require significant upfront capital - not just for the property purchase, but also for renovation costs.

I am considering whether asking  the bank for a loan over the property to use this capital to buy another fix -flip property   Or to sell the property,  ( maybe  wholesaling because closings costs would be expensive leaving no profit left)  I am here to read your ideas on this.

Thanks Matthew, I too am also interested in this.