I did my research and requote what would benefit both me and the investor, below is the Finalized CORRECT format of the proposal:Listed price on the property: 459,900MAXIMUM amout of money down on the property: $380,000Method of Payment: CASH OFFER from Investor.

We have spent the last several years reading (rich dad poor dad, total money makeover, etc.), listening to bigger pockets and other podcasts, and learning about real estate.

. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

You are off to a good start being on Bigger Pockets.

Try to put a bigger down payment in than you might need to give yourself some breathing room.2.

In the Bigger Pockets free book, "Real Estate Rewind", as one of the 11 co-authors I wrote about one such Tax Sale purchase and made money but not enough money to warrant the risk involved.

The bigger pockets calculators definitely help a lot.

Quote from @Simon Walker: Hi Guys, new here to the bigger pockets forum, I have been in construction for 11 years and real estate the past 3 years.

Always smart to see the bigger picture and future cash flow potential!

This platform on Bigger Pockets is a great source of information where you can ask questions and also learn from other investor questions.