Then, speak to a lender or two and ask them to help evaluate your deal! 

Lesson two: The Polytech area has a lot of potential but requires careful planning for the scope of work.

Lesson two: The Polytech area has a lot of potential but requires careful planning for the scope of work.

He's had two successful flips so far and after this third one he's looking to pay off the HELOC and roll the profits into his future flips.

We put in two new baths, kitchen, and a nice landscaping package.

AS noted we have two small positions and communication is very good reports are on time K 1s are on time.. of course we will see how it all ends up .. but for day to day operations compared to the horror stories you are hearing about other syndicators they are doing very well.Thanks!

The third, I think I will break even or small profit, but it will be on the longer end of the hold, like 7+ yrs overall.I have not had any additional capital calls.

If it’s not then it should be a no brainer to get your $ back @Chris Seveney  I know there were liens because I saw them on Propstream and when I pushed the wholesaler on the issue he confessed (two days before the closing date) that there were a Few liens on the property.     

The others are either still paying as agreed, the notes were sold, and two have refinanced out.

Lesson two: Double whatever time frame your contractor gives you.