Also, Ensure that you've negotiated a flat fee for selling, it's insanely easy to sell these days with the market roaring.

The main positive is that we are able to offer the number of beds/baths "essentially" under one roof.

A few day layovers due to weather not allowing stuff to dry or your guy had a flat tire on his van, fine, don't care.

I've been interested in Real Estate mainly because of my family, I have 2 beautiful girls and another on the way, and I would love to spend more time with them and at the same time still keep a roof over our head.I'm glad I took a step and introduced my self to the Bigger Pockets Community!

I’d like to find a large house with a granny flat ( that we would live in).

it has crawlspace issues, retaining wall issues, and roof issues with visible water stains on walls and ceilings in multiple rooms.

So I want to break down the deal below, and get a few of your suggestions on what our next move should be AFTER the rehab.Found the deal at an auctionIt is a single family home, 2935 sq ft, 4 bd, 3 bth in and absolutely FANTASTIC neighborhoodPaid $150,000 for the housePaid about $6500 to closeAppraisal came back at $187,500 and it hasn't been updated since the 90s as far as inside appearanceNo major flaws, mostly cleanup, cosmetics and updatingFactored in $30,000 for the repair costs (roof, flooring, paint, kitchen/bathroom updates)We put $30,000 down for down payment$120,000 will be financed at 4.5% PITI is $1030 (after remodel PITI will go down as we are switching to a landlord policy)After remodel will rent between $1500-$1700, maybe more but doing a little digging on corporate rentalsWorst case will cashflow right around $300 per month ARV will be in the range of $250,000 on the low end.  

Last July, my fiancé, now wife bought a 2 flat that was advertised as a SFH and the zoning certificate says SFH, but it was built as a two flat. 4 entrances, 2 baths, 2 kitchens, 2 furnaces two 1960’s mailbox slots in the brick etc.

They get substantial discounts on materials and HVAC 's roofs etc.

Or is it flat with lots of cash flow?