I look for distressed properties to get better profit margins How did you find this deal and how did you negotiate it?

*Affordable – Next, Phoenix has relatively affordable properties in comparison to other top metro areas such as Los Angeles and San Francisco, which means that investors have the chance to purchase homes at lower rates, thus increasing their profit margins.

@David Kendall Jr, for deals that I am managing myself, I want a minimum $50k profit potential, and shoot for about a 15-20% profit margin, whichever is greater.At the end of the day, percentages alone don't work for me, because my time has a value to it. 

Since hard money eats into profits, consider private lenders, local banks, or partnerships for lower-cost funding.

It did fantastic and I parlayed the profits into growing the business I have today.But that was 2016. 

The property's strong market demand made it an ideal candidate for a profitable fix-and-flip project.

And how is wholesaling brokering given; Wholesalers are engaging in contract trading for a profit margin(arbitrage) and brokers are providing professional services, facilitating transactions for a commission while obligated to act in clients’ best interests?

One of the things I learned early is that the margins on a deal need to be substantial. 

You'll find most HMLs will use lower operating expense margin when they underwrite a DSCR loan as they usually only factor in taxes and insurance. 

My main question is should we wait the extra time so we can hold the property longer or should we try and sell this year, take the profit and scale quicker.