Needed work - replaced siding and windows, added a small shed in back, fixed the fence and back deck.

There is info on that at  https://www.biggerpockets.com/forums/12/topics/1167256-these...So, the initial numbers look something like this: $235,000 ARV, Here is a house for our exampleIt usually takes a beginner 6 months from buying the house, rehabbing, selling & closing to getting your money.SELL: It assumes you are putting 20% down on a purchase price that is 65% of what you will sell it for with a Net Profit of $22,981 if you flip & sellRENT: Your monthly mortgage cost is $1,302 and Rentometer says it should rent for $1,500 - a $200 a month difference.

This unit is close to 2 new hospitals and its been booked since we finished the remodel middle of 2023.

or get as close as we can as possible.

Po companies are booking to three months out so this can’t be done until after close.

So, you are going to pay down your mortgage with your after tax dollars to pay down debt that you will then turn around to pay closing costs to recoup?

We closed on our second investment property today!

Who holds the title. 4. are realtors involved, and closing cost.5.

Hi Everyone,   We are three buddies starting out the investment together and have an LLC registered.Now that we have identified the property to buy ,we reached out to AXOS and were given the option to take conventional and transfer the title after closing / take an LLC loan at a higher interest rate (1.5% more)     Should we go the conventional route and then transfer the title after closing ?

I would want to close off the stairs from the main level to the bottom floor which could make it an interesting sell down the road.