They make the money on the spread from when they bought and when they sold to a turnkey buyer.

Whether you want to either have good cashflow or be able to make 20% annually on this thing when you stabilize it and sell, just change your offer price to leave room for that accordingly.Making a spreadsheet model yourself, one that inherently makes sense to you, will always work best for this, but I am happy to provide you my SFR & Multifamily quick-evaluation models, just reach out:As for financing your deal, I would lookup the top-lenders for the type of property/product (use https://www.scotsmanguide.com/), select 3-5 of them, call them, explain exactly what you want to do, discuss the various lending options with them, and ultimately write down what LTV & interest rate they are willing to provide you.

NO, happy to help :) 

I would be happy to jump on a call with you and answer any questions you have about this process.

Then all you'll need to do is negotiate with the seller a lower price to create your spread. 

Every time I check the MLS and see what houses are selling for in Angel Fire, I am shocked.I'd be happy to set up a call if you are interested to know more about my opinions of the area and if you are potentially interested in considering some properties.

Happy to chat further, you're also welcome to stop by my monthly meetups - the most upcoming one is happening this Thursday 01/18: https://www.biggerpockets.com/forums/521/topics/1163449-are-...

I do believe that if you're good at something never do it for free but these gurus are more than happy to take hundreds to thousands of dollars from individuals to teach them things that anyone can find for free or learn on their own.

I would be happy to make recommendations of some brokers that I know and have worked with. 

I'd be happy to take a look at this for you if you want to share more specific project info with me.