All Forum Posts by: Shayan Sameer

 Are you still looking?  

Hello,

I'm looking for private funding for fix-and-flip opportunities in the South Florida area. I have a few properties that I'm looking at and would like to see if there are any private investors who are open to funding. Please DM me, and we can discuss the numbers.

Thanks.  

How's the Cleveland Market?  Yes, I'm not touching the duplex.  

@Bob S. Thanks for your feedback.  I was thinking the same thing.  Are you an investor? I'm new to the area, so testing fix/flip market.  

Hi Team,

I'm working on a deal right now at West Palm area... It is a duplex with 2/2.  I've never owned a duplex before, so I don't know too much about it.  I'm thinking about renting it out, but I'm not sure if it makes sense or not.  

Its a 2/2 duplex

Around 300k

Would require 50k rehab or less.

Its only 900SQFT

Rental is around $1500-1700 per duplex

Let me know your thoughts please.

Sure.  Let me know what works for you. Would love to chat and discuss in detail. 

Thanks, everyone, for all your feedback... 

I saw another property in the West Palm Area.  The property seems to be in good shape and will requirecosmetic rehab.  

5/3 house 2600 SQFT

We will need a new AC, Kitchen upgrade, bathroom upgrade, flooring, painting, andcarpet upstairs.  

ARV 690K

Selling Price 500k

Rehab 85k

After closing costs, points, hard money, lender fees... My profit seems to be $20-25k.  That's only if everything goes well.  

If I'm spending 500k... my profit should be higher?  Thoughts?  Seems like a too much work for 20-25k.  

Hi Annie,

Not just the Ft. Lauderdale area, but all three tri-counties. I'm sorry, but I'm not too familiar with the Treasure Coast.  Let's chat when you have a few minutes.

Hello Investors,

I have a few questions about fixnflip deals that involve HOA. I came across a few good fixnflip deals in the Delray, FL area, but both are in good communities with HOAs. One house has a $200/HOA, and the other has a $400 HOA. I know that with HOAs, there are a bunch of rules about what you can and cannot do. What are your thoughts on getting a property with HOA? This will be a fix/flip project. Both properties have good ARVs. One is a five-bedroom house, and another is a three-bedroom house. Let me know your thoughts.