All in cost ~750k, revenue possible at 90% SS and 60% parking roughly 175, operating expenses on the conservative side of 50k leaves 125 for P&I and profit.

Private Money Lenders:Pros: If you have a network of private investors, you can find individuals who lend money for a share of the profits.

In this scenario, they are investing in the auction and can take a share of the profits rather than operating as a traditional lender.

4 months from start to finish and a $100,000 profit (split 50/50 with my partner and me).

Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.

If that were true the various real estate niches would have almost unlimited competition and profits would head toward 0.  

Was it profitable?

You’ll want to weigh the potential profits from selling versus the costs of selling and moving on.

4 months from start to finish and a $100,000 profit (split 50/50 with my partner and me).

If it does go up, great I just made more profit.