House Flipping TRANSFORMATIONS Plus Rehab Numbers!

[@Liliinvests]

Get 50% off RentRedi using the code "LILI" at checkout. rentredi.com

[@msmichelletoliver651]

Where did you purchase your house leads from? Are thees houses from a wholesale deal or did you purchase them from a private owner or a real estate agent?

[@dequalyonwebb9941]

@@msmichelletoliver651to be a good person I know it's 7uhhjjl7

[@twincherry4958]

Way too much.....that roof was unnecessary. Think about how long it'll take to get that money back from rent.

[@ZacCoxTV]

Hey Lili! Just discovered your channel yesterday! I am 23 and live in Southwest, OK. I started my real estate journey in 2019 and now own four homes. I am getting prepared to start my BRRRRing and basically everything else you are doing on your channel. Finding your channel and then discovering we are in the same state was super exciting! I don't know anyone IRL that is doing this. So finding your channel has been a big inspiration boost. Good luck and much success!

[@marlenanobles3312]

You as well

[@Feddy99]

The 🐏is back!!! Always great seeing the progress Lilli

[@LionInWinter60]

You made 16%, not 116%. Still a great return. But that’s just initially, and ignoring your equity, etc. In the upcoming years the gains will have to be looked at as the sum total of cash flow, appreciation, depreciation, etc, etc. You’re doing a great job Lili, super bright and super motivated. I’m proud of you, keep going!

[@manuelseda9197]

Not loving the blue cabinets for a rental it would have been nice for them to be a light grey to contrast with the wall colors and give more accent to the fireplace wall

[@marlenanobles3312]

Glass cabinets or light oak with glass doors?

[@marlenanobles3312]

How much for the rent?

[@enriquecallender5368]

Great content Lili.The financial breakdown is a breath of fresh air.Thank you for being transparent. Thank you for the information.

[@Liliinvests]

Glad it was helpful!

[@aleahdevyne1463]

So beautiful. Just stumbled across your page and I’m obsessed. Can’t wait to start my journey

[@perfect2the2ndpower]

The results of the finished duplex are really nice! The pops of blue are really cool and unique. However, if it were me I would avoid doing a white handrail in the future. It will constantly show dirt and grime and will wear fast.

[@nicolereadsbooks9579]

Girlll I'm trying to convince myself that I have the ability to take on a huge project like this..

[@bonnierantz6440]

Okay

[@MaximusPham]

I've been binge watching your videos; it's awesome you're documenting your journey. I'm starting my journey as well here in Tacoma, Washington. Keep it up and you're doing a great job!

[@claybrook1016]

The progression is REAL!!!!! Begin following her from the beginning, well done 👏🏾👏🏾👏🏾. And your just heating up, great video. Nice to see this process from beginning to end. Closed on my first investment property a month ago, going through renov now 😭.

[@marlenanobles3312]

Liked the mirror in inside as well 🦊🔗

[@jasonmichaelfarrant7808]

your simple , elegant , clean , inexpensive rehab format is amazing . I have learned so much and thank you .

[@kiellybrew7217]

Let me just say how proud I am of you, you are so awesome and inspiring Lili! So intelligent and smart! You rock young lady!

[@donaldclayton663]

I've been doing this for years. Thanks for showing everyone what the process really takes and keeping it real. Your father must be proud.

[@aceofspade4258]

That rehab "after" look was🔥🔥🔥

[@marlenanobles3312]

Nice

[@justinabutler7792]

OMG that kitchen looks so different! I didn't even realize that was the same kitchen from your "Mistakes" video!!!!! Talk about transformation! Go Lili!!!

[@Liliinvests]

💜

[@jerry467]

Love your videos and the way you share with us. please keep them coming!!!!! Just a little food for thought when it comes to your next roof. If you don't like the color of a roof you can paint it. They make special paint for roof shingles. This will save you money and time. I have used it on 2 of my rentals that had really red roof shingles. Both look like brand new roofs.

[@AlekVS]

The Medicine Cabinet mirror is actually super sick

[@timothyrichesson9391]

Thanks again for sharing your progress. You did an amazing job with the duplex.

[@Liliinvests]

Thanks!!

[@bloodyblade101]

Same situation with me, in the Renovation phase right now, but conservatively doing my math, after refi I’ll be 200% cash on cash🙌🙌🔥🔥🔥love seeing someone in the same phases of life, hope everything continues to go well

[@melaniehardy7988]

Ayyye @HGTV my girl needs a show, I'd definitely binge watch!!!

[@andresmith8693]

Sweet rehab numbers!

[@MrEmbrogo]

You are amazing. I love the rawness in this

[@MrEmbrogo]

I’m OD’N on your stuff as we speak. So damn good yo! I am very impressed with how much knowledge you have

[@Anti-democratChick]

I like the grey and white outside. It looks great

[@keliblum6591]

That’s awesome it was much less for the renovation than I thought it would be.

[@catchnote2]

Love yours, so nice to see your journey. Like the house, would have made the fireplace the main beauty of the living room, a wow factor. Looking forward to see more of your success journey

[@jicholjones]

Would not have chosen that blue..would’ve went with a lighter grey or just any neutral color for a rental..

[@SM-tq8xe]

I'm a relatively new sub and have enjoyed every one of the videos I've watched so far. Thank you for all of the great info complete with costs/price breakdowns. Can you discuss at some point, or if you have a video on it just provide a link, what do home inspectors inspect? Is making sure the toilet has no issues not a part of the service that you are paying for or is that a totally separate thing?

[@JaimeRobledodotcom]

can you go over rent ready on your next upload. Also how to setup and get started.

[@drei2123]

Hey Lili, Fellow investor here, Are you showing or willing to conversation on how you found trusted contractors? I saw your video about how not to hire but I was wondering if you're still run into issues with even trusted contractors you use now vs the ones that rehabbed these two properties. I think I need to get into this whole selling so I can raise capitol to try the BRRR. Best of luck, Andrei

[@OrganizeKaos]

I love your content. Definitely HGTV worthy

[@perichiappansubbiah1348]

You are doing amazing !!! 2nd property duplex cost breakdown link is not working. Can you help me please. Thanks !!!

[@ZacCoxTV]

Was your private money enough to fund the purchase and rehab? If not, where did you get the rehab capital? I apologize if I missed that during the video. I was taking notes.

[@church_girl]

The loan was just for buying the house, she used her own money for rehab

[@Super29127]

Hey Lilli love your channel learning alot...a couple if questions: 1) I must be slow in my math but how do you figure out the 2 month interest rate of $1166 2) In doing the rehab what if you didn't have the money could you have used a hard money loan to get this deal done? Just a little confused...

[@UnfilteredTravels]

I'm loving your energy and massive action taking. Keep them coming!

[@michaelgoldfuss6570]

Hi Lili great content. I just have a question on some of the expenses on the first home. -So all the interior paint was only $353? What type of paint did you use to find it so affordable? -And the interior labor for $4,490 did that include Demo&hauling, all painting(walls,trim, doors, ceiling) bathroom & kitchen tile, all hardware, kitchen appliance installment, installing LVP? Thanks again for the great content!

[@Heiswithher]

FYI....you can paint roofs.🤔 I've seen it done after a patch of a roof was done and it no longer matched the homeowner painted it all to match. This is also just sometimes good to make the roof look better. Good luck keep going👍🏾 great job!

[@gtiplus]

You make great videos for us people that are curious about this type of investment. Thank you!

[@rachelmukadi4952]

How long did it take to do the rehab for each home

[@Murph1989sean]

Lili that's wayyyyyy less than I was anticipating! You managed to get a ridiculously lower price by buying the materials and doing everything in man/hours.

[@grod6264]

Thank you for the transparency! Learned a lot from this video 🙏🏼

[@marlenanobles3312]

Why am I scary Mr. Harry?

[@marlenanobles3312]

@THæ SKERRY 𝙷𝙰𝚁𝚁𝚈✩ why are you afraid of the me?

[@frenzygaming5056]

Hey lili so in regards to finding the rehab and paying for it did you pay for all of it or how did you get the money to do the rehab?

[@Jorrellfitness]

Wow!!! You’re awesome. Multi-tasking Queen of real estate hands down 💯. I’m very impressed with that first duplex

[@Love101Movie]

Love your honesty. This information is very useful as I consider getting back into the property investment. Thanks

[@Liliinvests]

Great to hear!

[@gabrieljimenez9516]

Credits to the editor 🙌🏽🙌🏽🙌🏽

[@jessekahooya]

Hello LiLi, will you be having a black Friday sale for your course? thanks Lili.

[@Cena45]

You are great keep it going girl super proud of you love all this info

[@AnArchaicSoul]

Looooove your channel! Subscribed immediately! Looking forward to my own reno projects. I will say, as someone who obsesses over interior design, those blue lower kitchen cabinet was not a considerate color for potential renters. The idea is that others can put their personal stamp on a space, that blue (especially being that bright) makes it difficult. A deep navy would have been more appropriate. Maybe a deep navy lacquer to add a lil spice but that blue was... ya know. A let down. :-) Just a heads up for the next reno.

[@sharonceaser-wheeler3364]

Awesome Lili !

[@juniorjeffrey357]

I learned so much from your video keep it up

[@jeffreid3341]

$70k! That's great. In wa state the average house costs over $400k. A cheap house here is $250k and that is a rundown mobile. Also, I replaced a roof of similar sf 5 years ago. After a lot of bids the cheapest was $10k. You are getting great prices. What state are you in?

[@eldersanto]

Hi Mrs. Which area is located that property?

[@laurenok7636]

What is the spray called used to remove pet odor?

[@Liliinvests]

kilz

[@brodie5036]

Thank you for sharing this video!

[@cowgoesmoo9981]

Do all or most contractors cut corners like you showed in your series all the time? Cuz like damn, Most of that stuff is a no brainer to not cut corners.

[@killjoy117007]

People are just shitty bro. It’s common sense for a good person not to but people do it anyway

[@desmondamberetu4345]

You inspire me! Thank you!

[@392Jaydub]

LiLi I’ve been stuck at a road block here’s the problem I’m able to talk to agents and get they’re interest I just don’t know how to build an email offer to send to the listing agent please make a video🙏🏽🙏🏽🙏🏽

[@mrcooper7380]

What about the interest and points paid on the loan

[@christopherhawkins6703]

You are truly WONDERFUL to watch LiLi, such an inspiration!!! All the great details and info you provide, along with ur desire, followed by action, to do things on a quality level!!! I am learning so much from you!!! Of course, you are one of my YT teachers now, and I wish you continued great success!!!

[@ninjawilliams4273]

Great work lili. Keep it up. Cash flow is king

[@gcgnatorcats6888]

I am interested to hear why you didn't do the 70% rule. E.g. your duplex after appraisal is worth $315,000...if you apply the 70% rule with a 60k repair budget than the max you'd be able to pay would be $160,500. Did you settle for a so-so deal?

[@byroncollins]

Do you ever do new concrete driveways as part of the deal 🤔❓

[@samanthagray24]

So how are you qualifying for these refinances? That’s the piece I’m missing!

[@leecurtis4032]

I agree. I am a lender. Unless you are not writing off all your income on self employed tax returns which most do….and properties have to be seasoned… I would think just credit unions and small banks would be able to refi you out using current rent and not necessarily traditional retail mortgage corespondent lender …..? If so I too am curious how you are successfully accomplishing the refi.

[@jutnocap5300]

Did you have to pay for wholesaling training??? For you to get started

[@jamielee8624]

Hi Lili will it be possible you can make a rehab material tutorial on cost and labor.

[@davidnguyen7016]

Hey Lili do you still wholesale or only flip? I want to start but on a smaller scale, how much is needed to start do you think?

[@invest4motivation827]

I know 75ltv is refinance but who does 80% ltv refinance?

[@deonwatson5022]

There is a cap on the number of financed properties Fannie Mae and Freddie Mac will allow you to have in your schedule of real estate owned when you go to refinance; as most doing these refinances will be doing a conventional refinance where the investor is Fannie or Freddie.

[@beyoutifulanna1524]

Hey Deon, can you tell me what the cap is?

[@tylermignosa6998]

your such an inspiration!! question, do the tenets provide furniture or do u add that into renovations budget?

[@sherrygaetke3968]

Overall, a great renovation!

[@roselazo_galvestonrealtor]

Great Job Lili!!!!!!

[@focusone34]

Toilet paper 🧻 as insulation? 😂🤣😂🤣

[@church_girl]

I admire your growth More grace

[@amenuf]

Hi Lili, good job on explaining the rehab,and the numbers . I was just curious does the tree roots in the sewer system damage the line i mean where did the roots travel to, im sure it would cost about 3k or more if the went into the toilet systm

[@Liliinvests]

great question, it seems it didn't cause too much damage, just clogged the line

[@user-pg2xc5ml4p]

Is it possible to give cash to your title company for your earnest money deposit and have them open Escrow that

[@calebhicks4712]

So good , great motivation to get better

[@user-pg2xc5ml4p]

Can a wholesaler pay cash for earnest money deposit if one doesn't have bank account @ Lili Thompson?

[@OneOfaMind_]

Hey Lili ! I have an awesome home under contract in Montgomery, Alabama for WAY below market price and then some. I'm kinda new to wholesaling and I have had this contract ready to go for months. The problem is that there is a tenant in the property that isn't paying rent and never was! Also, I'm in Atlanta, GA wholesaling virtually. I would really like to get this deal closed somehow and I don't want to let down the seller but I just don't know what to do. Any assistance/advice? Would you be open to JVing with me (or know anyone who would) to get it closed? Anything would help. Keep changing lives!

[@aledmondson4616]

If it is under contract would you mind sending me the specifics, I may be able to work with you on [e-mail]

[@kendallst.romain8322]

GREAT VIDEO!

[@kittit.1615]

Hi Lily .I just follow you .You are amazing.One quick question,in order to do this ,do we need a real estate license? Thanks

[@lasanhan9282]

Don’t you have to wait 6 months before you can do cash-refinance for that appraisal value though?

[@rare2find0918]

Great job!

[@Shalonte_The_Apartment_Locator]

That’s not bad at all!

[@jaybeefl86]

Where were you able to get 80% on a refi? I’ve only found banks that will do 75% on investment properties if they are not owner occupied.

[@Liliinvests]

Keep calling. Try local banks and small credit unions.

[@mooshinah]

You go over private lender do you use any other lenders and who did you use ?

[@Liliinvests]

Check out my video on four ways to find your deals

[@mooshinah]

@@Liliinvests thanks do you mentor

[@alexhafner6220]

Are you working a full time job during your renovations?

[@alexisalwaysvlogs1014]

Very informative

[@jackstephen535]

This is awesome thank you for the information 😎👍

[@Liliinvests]

For sure

[@intermix2580]

I have been researching about wholesaling and came across your videos which have been very helpful . I was interested in signing up for your coaching but notice you’re next meeting won’t be until the end of august. If I purchase the program now, is there still resources I can use to get me started?

[@Liliinvests]

You’ll get immediate access to the entire program, the live session is for practice and Q&A :)

[@arturoperez408]

Great renovations! Definitely wanting to sign up for some courses, if you have any. I want to start my investing journey, but i am struggling to initiate. Thanks!!!

[@Liliinvests]

Www.liliinvests.com/bootcamp !!!

[@Anti-democratChick]

I need to move to Oklahoma. It's seems cheaper than N.C.

[@Kimberly-sm1bj]

As a Property Mgr, was less than thrilled with the "rent ready app can do everything a property manager would do". hmm. we'll see. just give us a real review on their service one year from now, please.

[@vinren3893]

I remember when I first came across your channel you were still doing your first wholesale deal and wow you came a long way real inspiring

[@Liliinvests]

Thanks so much!!

[@crazyteenz15]

In the process of watching all your videos (lol out of order) but question; do you have your real estate license?

[@Liliinvests]

Nope!

[@Trigga850]

I love watching your videos. You inspired me and Jerry Norton shoutout to Jerry Norton

[@BiancaVie]

Omg so much better♥️💎🙏🏽

[@shenitafuller333]

nice video yayee

[@Liliinvests]

Thank you!

[@marlenanobles3312]

Nice

[@aledmondson4616]

I thought I was in love with you before, but now I'm actually ready to move to Oklahoma and marry you!. 😁😁😁😁😁😁😁 Keep up the good work! You hustla you!

[@sherrygaetke3968]

The front door is a great color, but the kitchen cabinets? Not so much. They will go out of style quickly. Should’ve painted them the same as the fireplace. Just my opinion.

[@richarddbarran5423]

Can you refinance without a W-2?