I have a buddy that has been doing flips for a few years and he now has investors approach him asking to get in on his flips so he lets them cover the down payment/entry fee's for 30% return on their money.

@Richard Bautista could be legitimate, but could also be a "churn & burn" situation.How will you know the difference - before it's too late?

I will likely be challenged to get a 1 to 1 return on adding the AC, adding an EV charger, converting a sound studio to an office, and furnishings.

This could include computer delays, the inability to reach the site, creating a late filing, and subsequent penalties.

He locked in a deal that would later bring in a $40,000-$50,000 assignment fee.Here’s the kicker: as Dylan was leaving, another investor pulled up to meet the seller—just minutes too late.

You will make a better return with less risk keeping your money in a CD or bond. 

But 3 years ago try to raise money and give returns on paying 100% cash, investors would not do it because the IRR s were not competitive to the max debt operators but we see the outcome..

Here is how the Roth conversion works: you can convert anytime between January 1st and December 31, and you will receive a 1099R from your IRA custodian or 401k plan administrator before January 31st of the following year, which will be included in your tax return filing and that is when the taxes will be paid: at the time you file your tax return. 

This section of the guide helps me to better understand how you can use the www.mysmartmove.com in conjunction with other forms of background checking:The Tenant Credit Report: The tenant credit report will contain a wealth of information related to the tenants credit history, including a detailed list of all the tenant’s open or closed credit cards, car payments, monetary judgements, late payments, and more.

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere?