Their exit strategy was they would act as a broker and try and sell them off as fast as possible for a profit but I believe they were overpaying for the loans.

If you were going to rehab and sell, you could just bring on a money partner and split the profits and manage the work.

Hey everyone, what do you think of land profit generator course, did anyvone have that course and do you recommend it?? 

@Tiffany Da Silva Your proposed banking structure is effective for organization and profitability.

I do see some flip opportunities, but flipping is a job; stop flipping and the making of money stops,My next purchase is likely to be in a different market with lower profit expectations than I used to achieve in the San Diego market.  

Charlie - If you start an LLC as a single-member LLC the profits and losses will flow through your personal income tax return without filing a business tax return.

The goal is to refinance with equity after a year and then use the FHA to house hack again. makes sense. most of the profit is going to come from equity.

Constantly evicting people is expensive for a variety of reason and sinks profit.

If you can get gross development value then you can figure what the most you can pay to make the site pad ready, do vertical and still make a profit.

.: No longer a rule, just a ghost in the past, A relic of days when profits were vast.