Hello, everyone.My name is Hild R. and I'm new on Real Estate business, I used to run a small Painting LLC business with a HIC LICENSE for few years but based on personal circumstances I have to pause.

To close the loop on this story, we hired Rick Dempsey (who was fantastic by the way, highly recommended if anyone needs a MA-base SE...Matt Kelly, we really appreciate that referral!).

Is there a way to find local developers based on zip codes on this forum?

When you approach a deal as a relationship rather than just a transaction, the opportunities multiply.For instance, I was once approached by a seller who was the father of a girl I’d gone to high school with.

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

If you increase your sales volume in a business, client base in a profession, or assets in an investment program, you pass through a point where you’re doing more work, have greater Billings, more assets, but MAKING LESS MONEY.  

If you are thinking about a new purchase with a heloc vs a current 30 year fixed rate, this could be a good alternative.Basically, helocs are billed based on the average daily balance of the account.

I also understand accounting and legality may play a role.

Base the amount of podcast I watched, I know it's very possible but with limited finance, it seems out of my reach.

I'm based on the west side of the Twin Cities and am investing on MN's North Shore (Duluth, Two Harbors, Grand Marais) The house were under contract for is a long-term duplex.