Quote from @Evan Polaski: @Chris Seveney, I hadn't looked at any details on this offering into now.Things to consider from their own marketing:Operating partner has done all of 10 flips.Their entry price point is a price that I would expect any truly experienced flipper to be able to take down very easily on their ownTheir historic IRR, while high by MF standards, is average, at best, from my experience with flips, and it is unknown if this is net to LP returns.I have flipped homes myself, so am not their target investor.  

I’m concerned mine is not detailed enough.  

My rule of thumb is the more details you include about the property the more quality leads that you obtain.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Here are some details: 1) The condo is in Kona Hawaii and the three of us all live in Colorado2) According to Zillow it is worth just over a million.

Thanks for the detailed reply, Joe.

Bryson, welcome to the BP Forum and thank you for all of the details!

Thank you, Scott, for your thoughtful and detailed response!

You can provide more details, but there is no legal requirement to do so.

Could you detail the process for a traditional wholesale and any monetary requirements as you understand it?