Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs,  commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?

Can you buy a double, triple or quad in the new market with that cash and down payment assistance and loan program so you can rent out the other units?

Just got an inquiry in an REO group I host about a VA Vendee loan. 

Would like to 1031 the cabin and assume loan on house but my monthly income is child support $1137 for 1.5 yrs and a lame income of $800/month.

*Hard Money Loans: Ideal for quick property turnarounds and rehab-heavy projects.

Loan Documents for Selling1.

Quote from @Michael Smythe: @Marcus Gonzalez you'll need a general contractor with accurate numbers.With no experience, you'll probably need 25-30% down for a spec home construction loan. 

@Ryan YuWhen you refinance a property, you’re essentially taking a loan against the equity in that property.

In a short sale with a partial claim, your first lien position with the FHA loan takes the loss so the claim can be paid in full.

What kind of loan were you applying for?