In all cases, I sit on the same side of the table as my partners and our interests are better aligned ... if they make more money, I make more money; if I lose money, they lose money.

each lot is unique and each city is unique... until you have a house plan.. and an engineered foundation that is approved by the city  and that is put out to bid.. there is no way to know exactly what your build costs would be other than to spit ball .... and really depends on the soil stability to start with

Here are what I can add to the  BP table:- I built a comprehensive apartment investing excel model - buy and hold and refinance- Extensive deal/ financial analysis skills and experience.- Extensive work experience in wealth management, tax, private deal structure.- Success track record, creative problem solving, and great eyes for beauty in making ugly place beautiful while not spending a ton of money upgrading.- Since 2002, experience in SFH purchase, buy and hold, remodeling, property management.What gets me going:- Folks with track record in apartment investing to check out my financial model on this deal- Local Chicago Team with proven track record in apartment: contractor /inspector (subcontractor - plumbing, electrical, roof, exterior, interior upgrading), property managementThank You!

We don't know the sellers frame of mind, but as far as the agent, perhaps they will give a break on the percentage leaving some more money on the table for the seller since you have gone directly to them.

I'd love to meet with other investors and just build on whatever skills and knowledge we canbring to the table.

Each one is unique and very informative and presented in a way that anyone can understand.  

@Jay Hinrichs: I agree that it would be very difficult but can be possible if you can take on partners who have resources and you are bringing other value to the table.

Anyways so I called the LA yesterday and he is still telling me two months, so I say to him when the attorney says yes, we will all meet and sign, so I can get them at the table face to face and sign that  night,  So I am being aggressive without contracts on mine. 

I actually ended up paying $250k instead of $245k but we beat out the other offer on the table.  

I have studied brokerage behind two top brokers in the industry since entering and am currently partnered with one.Before brokerage, I worked for two unique gentlemen in Los Angeles who own bars, restaurants, hotels, movie/tv production groups and promoting groups.