On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.

OMG, this is an insane profit.

Interest only loans allows them to get a goal profit of $500-$600 per month per property.3) Each acquisition would require 20-25% down at an 80-100K purchase price. 4) Closing costs, and the Eric Spofford turn-key transaction fee of 10K would be in addition to the down payment and were not included for the purposes of calculating the cash-on-cash return.

my business has currently done 1 flip and we are wondering how much we should take from the profit?

Unless a PM company has THOUSANDS of doors, this is not profitable. 

Finding an agent that knows the market and can find you properties that provide a profit (for both of you) is worth the effort.One more thing about the contract . . . be sure to read the ENTIRE document and ask for clarification is needed. 

Now the deposit covers up front costs , some materials , overhead and PROFIT .

Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).  

I launched a coaching program aimed at real estate agents who want to transition from traditional transactions to building their own portfolios.

Define roles, financial contributions, profit-sharing, and responsibilities in a detailed agreement.