Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the  current ARV at purchase, but how is this market trending and what’s our timeline.

If you're sticking to all-cash, passive investments, you’re right that flippers and small developers often look for cash investors to fund deals without traditional financing.

I do commercial development in Florida, focusing on St.

I'm a licensed contractor based in Morocco with over 20 years of experience in construction and real estate development.

HELOC appraisals are notoriously low, just part of the game. 

@Rick Albert is right on and gives good advice.I'm actually wholesaling a property this week, but this just happens because I am in the game doing flips, developments, and rentals. i would never try to make a business out of it. 

The property was acquired with the long-term vision of capitalizing on the nearby development of a casino, expected to attract workers and residents.

I've even heard of GCs using auction type settings for returned items at Home Depot and Lowes for steep discounts.I've learned a lot about the GC game as I was up close to over 40 projects last two years and some went well and some did not and when they did not it was all Contractor related.If a GC isn't sourcing cheap materials at the same time milking the hell out of his 150-200 per day workers, then you can find yourself eating into your margins real fast. 

Kind of like a game of craps.

I mean Joe Montana is a very successful Developer same with Steve Young.. and Ronnie Lott has done well in RE also.but I bought a big mansion that was 3/4 done from an NBA star and he was not business savvy at all.. and on top of that had about 7 or 8 baby moma's all with child support judgements against him ..