@Dell Schlabach and also private lenders usually fund you much faster than a hard money lender, right?

@Dell Schlabach thanks for the reply.  

Originally posted by @Dell Schlabach:What is the tracking purpose, for you own info, or is this tax related question, cash vs accrual methodWe use a board to track our projects, we track, offers made, contracts accepted,buy and sell, rehabs started, rehabs listed.When people ask us how many houses we did, I tend to ask what is their definition of did :-) do they mean houses completed, houses sold, houses under contract.But typically for a one word answer, we "count" it when the contract closes, not when we get an offer or finish and list it on the market.

Hey Dell.

Thanks for the quick response @Dell Schlabach

lol I thought it was a good deal until read Dell's reply.Great thread 

@Dell Schlabach, I'm a college student now, so a little reading a little wont be a problem. 

And thank you @Dell Schlabach I will def ask if I have any questions, I appreciate it.

Thanks @Dell Shlabach & @Chris AndersonI am not worried with retail market, they take some time, but get your monies worth, Usually DOM between 3-6 months, and I'm comfortable with that because, we can buy low enough to factor in the holding cost.Thanks again for your advise!

thanks Dell for your input.