I am and very new Investeor in Grand Prairie and would like to meet with others in the DFW area and learn as much about Flips and Buy and Holds as humanly possible.

If the site works, I can always refine my design as necessary to fit within the county's guidelines…@Lynn Currie Walking away from this specific lot will be easy if it can't support the project I'm intending but the location is almost unbeatable for my specific desires (this is an owner/occupant new construction build for me, not a grand scale development real estate investment).  

In Grand Rapids, the going rate is 10%.Randy

. $150 cash flow today & $700 unearned income potentially for the rest of your life, kids and grand kids life tomorrow.Do you have any additional information beds/baths sq. ft. repairs etc...

My name is Shane Davis and I currently live in Grand Rapids, MI.

 First Its your newly hired property manager ,  saying its major issue and its going to be 11 grand , thats a big red flag right there .  

If your numbers are even close to being right this is a pretty thick deal and you should not have any problem finding someone to fund it (Probably not 100% being your first deal) and give reasonable terms.If you are worried about actually being able to do the rehab then look into B but if the only issue is funding pound the pavement and find more lenders and if you don't have a couple grand (if you are buying for $25K even if they want 40% of purchase we are only talking $10K) find a way to get it (Credit cards, HELOC if you own a house, personal loans, friends and family) then make it happen.If you aren't willing to take a little risk to get the rest of the funding then just wholesale it, if the numbers are accurate you can probably get $15K or more.

False ID, breaking and entering (with witnesses), burglary (from your tenant), grand theft (from you). 

My girlfriend found a good job in Grand Haven and I followed figuring I would just make it work.

My girlfriend found a good job in Grand Haven and I followed figuring I would just make it work.