Its truly priceless.Are you primarily focusing on Sussex County or do you venture further east and south?

Wishing you all the success on your real estate venture!

Remember, at the end of this venture, it is only about money.

I joint ventured with my buddy builder and we hit the jackpot. 38 homes with nice profits.Point is to let your imagination run loose when your looking at a property and then work the numbers, you never know, for example when I had to move to my present location I looked at a duplex for sale in a great location of nice homes.

Introduction to Business Finance is an basic overview of financial management and lightly examines the use of funds, timing of work flows and capital requirements.

We have the option of providing the full amount of funds for the purchase and rehab or we can come in as an equity partner or a joint venture.

I haven't used it to create an LLC, but would use their service for this if I was doing a basic, small company setup.Anytime I'm creating legal docs for an entity that has a substantial amount of money involved or potential liability issues (i.e. pretty much any real estate venture I'm involved in), I use a lawyer.Lynn

I am sponging up all I can as I head into this new venture!

Although, many on this site report positive outcomes.I could use a word of wisdom on how one proceeds with this venture without making predictable mistakes.I would greatly appreciate feedback on the proposed deal:Sale Price $980,00Price Per Unit $35,00Price Per Foot $41.26CAP Rate 7.1%GRM 4.86xBuilding Size 23,750 SFLot Size 43,124 s.f.Year Built 1969City Desoto TXGross Scheduled Income $201,424Other Income 703Total Scheduled Income 202,127Vacancy Cost (28,610)Gross Income 173,517Operating Expenses (103,682)Net Operating Income $69,836

I think if I'm asking someone to invest $20k in a venture, they'd feel much more comfortable investing if they knew I had $20k on the line too.