For example, my appliance store gives me a 10% discount, so I charge a 5% markup to my owners to make a little money and the owner still saves 5% from retail. 

The investor would buy an ugly black box that produced money if it was the right price.

I am just beginning my journey as a wholesaler with zero money and zero knowledge.

Long story short, it has been over a year and the project remained incomplete and he walked away with the money.

The predicament we are in is the property is not in the condition to charge that much for rent and we would also leave a lot of money in the deal once we refinance if we cannot get in there to fix it up.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

For many it could be a decent strategy to invest their money back into their property.Its the same thing for doing a renovation.

Why would someone buy now and make little money for the chance that the rates will adjust later?

Money can be infinite but time is not. 48 years old now.

Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.