All Forum Posts by: Victor Panasyuk

@ Jon Goldman 

    What really sticks out to me is that you said he dosnt get the commissions on purchase or sale... even if he is the realter?  How and why does it work this way.   I've taken the time to make sure all of our deal is on paper thanks to your advice. Haha, thats something I would fail in. 

Thanks again you for your time!!

thank you so much! That helps a lot.

 I haven't made any deals yet. But a few deals Im looking at look to be about 13%

 But struggling to find something that I can be confident in. 

Also im looking at a house that is made in  1926 and renovated pretty recently. Arv value at about 110000. Is it possible to jump it higher 30% by upgrading anyway. Or do houses not sell to a certain margin being that old and being small in size?

Im new in this and was wondering what I should get out of a flip profit. 

 Here is the scenario. 

I work with an investor/realter in one. He finances the house and the rehab material. I put in the labor. I find the house. And I rehab with my own labor. 

Im also paying taxes and holding costs/ utilities. 

I know there might not be a exact answer but can we get close? 

Im in the processes of learning with this investor/realter

being mentored and set up to do these flips on my own. 

 Thank you!