83k profit Lessons learned?

Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

Thus, you will have a higher profit margin.You will have added closing and holding costs when paying with Hard Money.

If I add up all the lender fees and my holding costs—like points, origination fees, and interest —I can figure out how much profit I’ll make and what my maximum offer should be.

Sorry to all you handy men (I am not one of you…)Raleigh’s website goes on to say “a licensed NC General Contractor is required for projects with a total project valuation greater than $30,000.”Your ADU MUST NOT be on wheelsOnly one ADU is allowed per single lot unless located in a Frequent Transit Area (as referenced in UDO Section 2.6.3 or 3.6.2).

There is only risk/profit exposure calculous.

We sell the property and each side get their money returned off the top then we split the profits 50/50.

As a broker, I "buy" a mortgage at a discount from a direct wholesale lender, then mark it up and "sell" it to my client to make a profit.

Whereas for me (at this stage of my investing career and my personal life) if a project is profitable and supports my ability to live somewhere with better cost of living and quality of life, the balance between the two can be just as valuable. 

For active investments I advocate considering how you can diversify WITHOUT ceding your competitive advantage nor the superior profitability of the niche your in.As an example my business is running an investment fund and syndication high interest commercial mortgage loans secured by income producing real estate.