We are also working on seller financing for part of the cost to lessen the amount needed to hit 20% as we don’t think it makes sense to pay PMI here. basically thinking ill make monthly payments to them over the next 2 years.

Purchase price: $13,100 Cash invested: $30,000 Sale price: $79,900 This was my first fix and flip, The house was in complete disrepair, it was gutted to the studs, spray foamed, new electrical & plumbing. replaced the water heater and furnace with new high efficient models, new drywall & siding, porches, basically the whole house besides the roof and studs.

The new regulations were presented and then multiple people spoke both for and against it - those against basically wanted to see it tweaked but weren't against the overall regulation. 

Other than the basics of introducing myself and presenting the intent, is there anything else you would include to gain the desired attention?

I had really bad sticker shock with this property when we reached out to contractors for basic repairs and decided to take it all on myself, which was a big mistake in hindsight since I missed the Spring buying fever and we lost some of the value on the property.

View reportFirst time using this tool, im trying to decided if I should present this deal as a flip or because of the set up of the house its basically a duplex should I present this deal as a rental ?

I understand the basics of how it works to pay an "assignment fee" to have the original purchase contract assigned to me.

Basically a fan look heater built in the wall in each room.

I'm new on this website and still trying to understand how it works but i will send u a friend request and i hope we can keep in touch often to kinda guide each other through different processes and basically encourage each other to keep going out and getting deals done!

Same basic building structure, his was SFH, mine were duplexes.