A lot of investors I know use those profits as the launchpad into bigger multifamily deals.

3 days with a sub2 deal

Quote from @Michael Santeusanio: Investor question:What cash-to-close percentage do you typically see on your projects?

Just hire a lawyer and let them deal with it.

Title Company or Closing Attorney's Office.

Just wondering — when you find a great deal, how much time do you typically have to close?

Standard can go (2) ways ELA Express Loan Approval less than 12 days to close or going FHA, VA or Conventional with Rush appraisal and still under 18 days.Biggest part is making sure the deal/loan is discussed in detail with banker, Processor, Realtor, Title company and appraiser cannot drag feet unless you use an AVM.

Now the wholesaler is asking to push settlement all the way to February 27th.Here are the deal details:Property: Townhome in MD a decent but not exceptional marketPurchase price: $222,500Estimated repairs: $18k- 25kPaying cashTarget rent: $2,500/monthExpected cash-on-cash return: ~8.5%Estimated monthly cash flow (after expenses): ~$1,700My main concern is that the seller might be dragging his feet, and I’m now sitting on a property that may not close for four months — with $10k already tied up as “non-refundable.”Would it make sense to ask for a contract revision stating that if I want to cancel before the new closing date, my earnest money would be refunded?

Quote from @Brandon Lee: In real estate, speed can make or break a deal.

A Fix n Flip deal that has a 100k entry point with a 75k rehab may cost 40k - 50 through the deal cycle.