The Knoxville Real Estate Investors Association - KnoxREIA.com - will begin advertising Turnkey properties from its members in September and there will be a Deal Table beginning with the Sept 13 meeting.

The good part of this is that it's a pretty good job, so it will allow me to have a fair income/cash flow to put towards investing.Otherwise, I'm a quick learner and fairly good with finances but I'm not bringing anything to the table in terms of knowledge about construction/building/renting/etc. 

In instances where a buyer wishes to use HUD financing (which does the loans directly, rather than going through FHA, in most cases), the buyer is almost always forced to use a "bridge" loan or close all cash at closing and then put the HUD loan on later in the process.Sitting on the other side of the table -- yes, I would want more money for the headache of dealing with FHA red tape, too.

But after speaking to mentors and brokers, I realize that I need to strengthen my background and experience before I am taken seriously when I ask for a seat at the table.  

Here is the definition of MAGI: https://www.irs.gov/publications/p925/ar02.html#en...Here is a quick table to calculate MAGI:https://www.irs.gov/businesses/small-businesses-se...

So lets assume that optionis off the table and that I will not look to sell these properties either. 

In all cases, I sit on the same side of the table as my partners and our interests are better aligned ... if they make more money, I make more money; if I lose money, they lose money.

Here are what I can add to the  BP table:- I built a comprehensive apartment investing excel model - buy and hold and refinance- Extensive deal/ financial analysis skills and experience.- Extensive work experience in wealth management, tax, private deal structure.- Success track record, creative problem solving, and great eyes for beauty in making ugly place beautiful while not spending a ton of money upgrading.- Since 2002, experience in SFH purchase, buy and hold, remodeling, property management.What gets me going:- Folks with track record in apartment investing to check out my financial model on this deal- Local Chicago Team with proven track record in apartment: contractor /inspector (subcontractor - plumbing, electrical, roof, exterior, interior upgrading), property managementThank You!

We don't know the sellers frame of mind, but as far as the agent, perhaps they will give a break on the percentage leaving some more money on the table for the seller since you have gone directly to them.

I'd love to meet with other investors and just build on whatever skills and knowledge we canbring to the table.