I don't operate in that space, so I'm trying to make sense of the economics, so please correct me where I'm off.Purchase Price:  $1MDown payment:  $200KMortgage:  $800KMonthly payment (30 year fixed at 4%):  $3,820Taxes:  $3,500/yearInsurance:  $1,000/yearVacancies:  3% (tight market, but there will always be a vacancy at some time) $1,512Maintenance:  $1,000/yearTotal Income:  $4,200*12=$50,400Expenses:  $52,852Are you saying that I should put $200K down, feed the negative $2,400 each month and wait for appreciation to make up the difference over time?  

Needless to say we have been busy but NOW is about that time I would love to find another deal or two to feed our pipeline.  

Of course, for you, the attraction of giving up profit is not having to make the monthly payment, but HML like the added time pressure created by the rehabber having to feed the interest monster.I've met a few people here locally that have broached partnering with me, where they'd provide all of the capital, but I have always wound up doing some work myself on projects to save $, but it's a different equation when saving $2,000 on demo is really only putting $1000 in my pocket.

Some brokerages require attending "company training".Do you need someone to feed you leads?

Any feed back is appreciated.Thank you

I can set you up with a feed You can sign up from my website stevebaty.com

Hi I have seen Marco Rubel's Real Estate course floating around out there. was curious if people here were able to successfully execute lease option or get on the deed. with his strategies and contracts.Thanks Chuck

I really appreciate the positive feed back. 

So, 50% of the profits will just feed back into our Roth IRAs and that income won't be taxed.

I'm now down to $240 for the entire job I get to keep to feed my family, pay my mortgage, pay my utilities.