Calculate (estimate) how long before your investment has doubled.

.- They charge me for getting estimates, even though PMs typically get them for free because of their volume.- They don’t get second estimates, so I can’t be sure their pricing is competitive.- They won’t visit the property to assess issues in person.- Refused to do rental showings despite written permission from my long-term existing tenant.

They’re relocating out of town and would like to sell by the beginning of the year.Here are the key details:Current rent: $1,850/month (tenant is month-to-month, wants to stay)Market rent estimate: $2,200–$2,350/monthTenant history: Has been there for about a year; was paying $2,150 at their prior rental, so an increase to $2,000+ should be manageable.Seller’s situation: They owe about $156,000 on the property and want to net around $100,000 after all taxes and fees.Existing mortgage rate: 3.5%Wholesaler offer: $287,000My position: I just bought a fixer-upper, so most of my cash is tied up, but I can access around $100,000 from a HELOC at 6.5% (15-year draw / 15-year repayment).Question:Is there a way to creatively structure a deal that allows me to leverage the seller’s existing low-interest mortgage — even though it’s not officially assumable?

The fees should have been disclosed via a Loan Estimate.

taxes are estimated to be 412 Monthly Insurance 133 monthly Property management fee 125 a month Quarterly Water 125 a month Vacancy 5% 2900x0.05 145 per month Repairs 7% is 203 a month Capx 5% 145All combined puts me at 1288.

I’m looking to connect with someone who may be open to providing:Gap funding for down payment and/or rehab overagesShort-term funding (typically 3–9 months depending on project timeline)Either a fixed interest return or a profit-share once the property is sold — open to whatever structure makes the most sense for both sidesFlexible terms depending on deal specifics and riskI’m not looking for a handout — I’m looking for a partner who wants a solid return while helping a new investor get the first project across the finish line.I can provide:Clear deal analysisARV compsContractor bidsRehab plan and estimated timelineProof of HML approvalPersonal background and experienceWeekly project updatesIf anyone here is open to discussing gap funding for upcoming opportunities or has advice on structuring these as a beginner, I’d really appreciate connecting.Thanks in advance — looking forward to learning and building long-term relationships in this community.— DomyniqueHampton Roads, VA

I’m looking to connect with someone who may be open to providing:Gap funding for down payment and/or rehab overagesShort-term funding (typically 3–9 months depending on project timeline)Either a fixed interest return or a profit-share once the property is sold — open to whatever structure makes the most sense for both sidesFlexible terms depending on deal specifics and riskI’m not looking for a handout — I’m looking for a partner who wants a solid return while helping a new investor get the first project across the finish line.I can provide:Clear deal analysisARV compsContractor bidsRehab plan and estimated timelineProof of HML approvalPersonal background and experienceWeekly project updatesIf anyone here is open to discussing gap funding for upcoming opportunities or has advice on structuring these as a beginner, I’d really appreciate connecting.Thanks in advance — looking forward to learning and building long-term relationships in this community.— DomyniqueHampton Roads, VA

One of the keys to flipping is to be able to estimate how much, if any, you will make on the project once the dust settles.

FHA requires HUD consultants to review the deal including the contractors estimate, scope of work, etc.

That made the repair clear to everyone for estimates, as it was now part of the plans I submitted to the town for approval when obtaining permits.