@Leah Roberts Unless your flip margins are razor thin, I would replace the cabinets if it is only a $2100 difference.  

It was a duplex and a single family that made up the other two and we had to severely discount them due to their cash flow.

A similarly-sized single family home is going for $675,000, so we are pleased to be in the neighborhood at a discount and rent cover a good portion of the mortgage.

I do not see any possible profit margin in this business plan.

if something just needs a touchup... it's going to be very, very difficult to buy at the discount that you need to make BRRRR work.hope this helps

I use a discounted cash flow model to derive the return estimates in the image below, see Returns Summary section on the left side of the image.

You could also request the seller pay your closing costs including a rate buy down, discount points?

But if you go somewhere else for the mortgage, there's no more back end profits to them from the loan, so the house price goes up (via the mechanism of a lost "discount" or lost "incentive").

In other words, contributing the majority of sweat equity and little to none of the cash.I have also successfully completed over 15 turkey rental renovation lump-sum contracts for Investors, though my primary focus is B2C remodeling and custom work, as the profit margins are just better.

But there is a lot of demand at auctions so bids go higher and margins are thinner.