In all honesty I did not know how bad it was going to get otherwise I would have held on to that cash..

I’m a new real estate investor interested in single family flips (to start) and I’m searching for not just a partner, but the right partner, and by that I mean someone with integrity and honesty who is in a financial position to help me quickly make deals happen.

To be honest I would spend more money and get my 1% on North of Baltimore.You should be able to get more than 1% around 21213.FYI, Baltimore in general housing stock is old, when you do moderate renovation like paint, vanity change, new carpet etc... you will definitely have plumbing issues along the way.I would strictly do section 8 in 21213, you can end up in eviction court pretty often othewise.

But in all honesty, if you have connections and are confident, and have done your underwriting, and are in a strong position, why not? 

Dual agency is illegal here also, so if a buyer wants to offer on one of my listings, my only fiduciary duty is to my seller and the buyer is getting the short end of the stick because I've done this many times and they have not (must treat the buyer with honesty as a customer, but don't have to point out their mistakes to them).

There's a lot of movement by a handful of Federal regulating bodies that are pushing to provide honesty and transparency up front for consumers.

Thing is, if a buyers agent brings an offer you are, at the minimum, going to need to pay a 3% commission.In all honesty, it usually just makes sense to hire a real estate agent to list your house. 

To be honest I realized yesterday that when doing my calculations I made a mistake; since I’m buying the duplex as a primary and I must live in it for a year, therefore I’ll have to pay utilities.

First off, thank your family friend for the transparency and honesty.

The other half appreciates our honesty, and we refer them to a realtor who can better meet their needs.Feel free to reach out with any questions!