I’ve seen timelines range from 45 to 120 days depending on crew, permits, and funding.What’s a realistic goal for new investors?

All sellers think that they are sitting on gold, but mostly they don't want to do the extensive and skilled work to rehab a property, so don't be afraid to bring them to reality with realistic offer. 

But with interest rates being what they are now, I’m wondering if that 8-12 % CoC target is still realistic (after underwriting vacancy, repairs, CapEx, etc.)Thanks in advance for sharing your experience.

Next step: confirm ARV and realistic rent for 77048, tighten the rehab to only what increases rent and safety, and line up a lender term sheet for both the rehab loan and the refi before you start.

Any other advice on realistic actionable steps to start taking early is greatly appreciated!

I spend a couple $1000 a month to find my deals.

so, i would try to be realistic about whether that's the best use of your investment dollars or not. 

For example, if I acquire the property on 12/10, spend 12/11–12/18 getting it ready, and list it on Airbnb/VRBO on 12/19, my understanding is that for material participation I can only count hours from 12/19 onward — i.e., after the property is available for bookings, not after property was acquired or after obtaining the STR permit.Can someone confirm?

For those actively doing fix & flips — how fast are you closing on funding these days?
I’ve noticed some lenders are slowing down with underwriting, while others are still moving in under a week.
What’s been you...

For those actively doing fix & flips — how fast are you closing on funding these days?
I’ve noticed some lenders are slowing down with underwriting, while others are still moving in under a week.
What’s been you...