The Burlington, Greensboro, and Mebane markets are my primary focus at the moment and I’d eventually like to get into some fix and flips but for now my strategy is buy and hold for single family and small multi family.

Sometimes this makes it a really good option to sell after fixing it up!

Think fixed costs like plowing, roads, taxes don't have as much room to be spread around so might be a few expense percentage points higher. ( and you will always want to hammer down on actual numbers).  

Fix up expenses to sell the property are $19,000.4.

Lenders have now come around to the fact that this template can be safe and viable alternative to traditional fix and flip funding.

Commercial loan is 4.75% fixed for 5 years, and adjustable for next 5 years. 

I also want to get at least one rental property next year and complete a fix and flip.

Within the last two months I did what I thought was making my home “renter proof” got rid of carpet, added new appliances, repaired and painted walls, fixed up the landscaping for some visual appeal.

.): $10KAfter Rehab Value: $230KWalk-in Equity: $44K (19%)Scope of Work:  Fence, Kitchen-Bathroom complete gut out, new heaters, lighting, interior and exterior paint, floor, windows, door, fence, other handyman fixes, appliances.Congrats to partner @Pradeep Tiwari, Anup ShahThanks to @Timothy Tooker  @Richard Rolle for helping us build the acquisition scienceHere are the pictures:Before:AfterTacoma, Pierce County, THurston County, Puyallup, Seattle, King County

What else is waiting in the wings to be the next reason you don't have rent?