.): ~$35K (assuming 8%)Total Cost: ~$375K–$385KProjected Profit: $65K–$75K before taxesThat is a decent margin, but this being a two-year project, you need to be sure the market doesn't shift downward, and that you have a buffer for unexpected costs.3.

Find a market or strategy, sounds like youre starting with land.

My main job is running my investment holding company, so I'm familiar with public and private market investments but new to RE. 

Hi, I was wondering if there's any good reliable places to market tenant in place + management in place properties. 

I have an investor friend who is a very successful wholesaler in a market, (south FL), that is crawling with wholesalers. 

But for the best local advice, make local connections in the market with Host groups and Rental Associations.

We do not raise it to market rents, we keep it at lease 10% below to try and reduce turnover.

Finding deals outside of California can definitely open up new opportunities, especially given the cost of living and market dynamics in the state.When looking for properties in other states, consider focusing on areas with strong rental demand, economic growth, and population increase.

IMO better options- If you don't need the money in the next 10+ years look into Annuities I'm seeing 7-9% and you don't have to participate in market downturns.

@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable.