I will then look at 65%-70%for a possible offer price.I start with 100% of ARV and subtract 6% commission, 1% for other selling costs, 2% margin for not selling at ARV, and 3% for seller consessions.

But pulls in about $100/mo in quarters w/ small marginal cost ($10-20).

Not that you can't find a good deal in the MLS but the profit margin for a wholesaler will be much smaller.Second, realtors are a possessive lot that viciously guard their real estate market against "non-licensed professionals."

Be sure to leave yourself margin..But there's lots of capital out there!

Anybody offering rent and maintenance guarantees has built a huge margin into their sale price.

When dealing with an eviction, Chicago laws and system are different than those in other areas in Chicago Metro system by a wide margin.

While UBIT does not apply to solo 401k real estate investments that incorporate debt financing, UBIT does apply to margin trading performed under the solo 401k brokerage account. 

As you describe it, with a 20 year maturity and a stated index and margin, it is in fact a 5/5 ARM, and not a balloon.

Hi Nathan it all sounds pretty good to me too.Partnerships can be tough on flip properties especially out of State.If your profit margin is in the $35-$40,000 category it's worth the split.It can be a bit risky splitting $15-$20,000.

Depending on your risk tolerance and skill level you may chose to:- Not cash out refinance as much to leave more cash flow or margin of error so your property still cash flows with enough to cover during rainy day (med risk - med leverage) ,- Refinance just enough to payoff the prior investor (least risk/lower leverage)- Or cash out as much as you can till the point your monthly cash flow is lower or near break even (max risk/max leverage), but ideally you bought so low that even if you get out the most allowable by conventional guidelines you'll still be cash flow positive each monthThe good part is the leverage were discussing is a 30 year fixed (if using agency financing) and predictable so you can focus on other variables.Good Luck~