thing is the wholesaler want 50k for assigning a contract (i know right) but even after that there's 100K plus in equity... we also have the option for buying out the assignee to hand over contract... any suggestion.

From your example: If the proeprty is now worth 130k and they loan you 104k, in their eyes you have 26k in equity.

Closing costs are rolled into the transaction, leaving you with a truly passive 20% built-in equity.

In Jim's original post, he didn't specify what he meant by "equity", but in his second post he brushed on the idea that repairs are not included in equity.

This is how I understand milling:You take a home that has 100k + in equity.

Lets say I purchase a rental that cash flows, but has 15k in equity because I have purchased it under value.

i hope someone can help- im trying to get financing to buy into a land development deal--land has already closed on and i'd like to come in as a partner--there is over 6mil in equity in land which is being developed and sold as lots--please email if you can help--thanks!

I have acquired several dozen rentals in the past 3 1/2 years without any problem and my goal is to have 100 at the 5 year point.While we're speaking of appreciation, would you rather gamble on appreciation of 35% in a few years or buy at a 35% discount and pickup 35% in equity at closing?

In your example, the original $25k in equity would not be realized for 7 years if you are selling the property.

The down payment is still yours in equity and, on this deal, you had nearly an equal amount of equity in the deal that doubled what you would have put in it upfront.Double ... that's 100% (unrealized) ROI before any other cashflow down the road.