Typing can be misunderstood sometimes.

Comps: 447k-1.2m. 10mins to Fort Lauderdale/Hollywood airport, 5mins away from the world famous downtown Las Olas, 2 mins away from a 2 starbuck cafes, great schools near by, 5 mins away from the new art design district called Flagler Village.447K to 1.2M???

But you should also discuss strategies with Alan , because I can't see why you need 2 separate LLCs, or maybe I misunderstood you.  

@Sarah Karakaian Sorry, I misunderstood that you're asking for yourself!

Bob Ville I think I misunderstood you, I thought you were having issues with the contractor/GC or painting company.

@Mark HolencikSorry I misunderstood your post.

Oh I might have misunderstood you.

Maybe I have misunderstood the meaning of wholesaling.

If I reappraise right now and it is worth $275k but bought for $235k and paid down ~$15k of principal via down payment and monthly payments, how does my equity only become $10k, or do you mean more like my profit from the rehab would only be $10k (which I still wouldn't necessarily follow).And wow in regards to the 50% rule I believe I completed misunderstood it previously!!

@Michael Osborne forgive me if I misunderstood or if you already spoke to this, but above you mentioned using a personal loan for the down payment while getting a mortgage.