There is certainly enough room to make a decent profit. What "I" would do would be to purchase, rehab, and sell to an individual, thereby making the most profit. What "YOU" should to depends on your situation. If you have the cash and the time, do what I would to, if you do not, then find someone to wholesale it to.
how did this get in the commercial section?
I would be willing to work with you on some of these deals you may have.
Get a good deal. There are plenty of investors that are looking for at 80% equity after repairs.
But most of the investors that are looking for 65% after repairs are mainly using hard money. With deals like that you can get the financing yourself.
Could you xplain the difference between "equity" and LTV? Thanks.
Thanks SSP,
I meant 20% equity.
How much in repairs are needed?
There is certainly enough room to make a decent profit. What "I" would do would be to purchase, rehab, and sell to an individual, thereby making the most profit. What "YOU" should to depends on your situation. If you have the cash and the time, do what I would to, if you do not, then find someone to wholesale it to.