Low-income housing is my term of choice.I don't carry a weapon, nor do I feel the need to. 

I hashing out this creative strategy I’m piecing together and i wanted to know if it’s already a thing or even a good idea at all 😂Here goes:I want to use the “purchase agreement” element from wholesaling and combine it with the creative financing lease options provide but without tenantsFor example:Bob = BuyerTim = Wholesaler with private lenders- Bobs trying to sell his house for $30k- House has an ARV of $200k- House requires $50k in repairs- Tim has access to $100k in private lender money So in short...ARV = $200kAsking = $30kRepairs = $50kMOTIVATION:The seller is motivated because he can’t afford the rehab and is tired of holding on to the place and he’s not budging from $30k because that’s just breaking even for him and every wholesaler wants to offer $12k so they can include their finders fee hypothetically Tim offers Bob a creative deal where he can get him the price he wants but it’ll be after they rehab and sell it 6 months later at mostBob is interested in hearing the terms since he’s desperate, he also owns the house free and clearTim offers a 10% deposit towards the asking price ($30k) which is $3,000 plus $300 a month as cashflow to the owner while rehabbing the property (6 months max) which will cost $50,000The deposit and cashflow go towards the overall principal So far Tims costs are...Deposit - $3,000Cashflow - $1800Rehab costs - $50,000Reserves - $15,000Closing - $10,000Total - $79,800 Tim gets a private lender to finance the $79,800 with a 10% return in 6 months and it would be paid back all at once so about $7,980 in interest when it’s all said and doneTim sells the house for $200,000 $200,000 - Gross$25,200 - Goes to buyer $87,780 - Goes to the private lender $10,000 - Goes to closing costs$77,020 PROFIT So the play here is that you only pay for the rehab and deposit/cashflow up front and don’t pay the actual purchase price until the house is sold and it comes out of the grossConstructive criticism is appreciated lolPlease no keyboard overlords who get off on sounding righteous and right 😂

I also admit that there is a bit of righteous indignation in there, just based on the fact that if they are doing this to me, how many others are they trying to take advantage of? 

sorry but dont care what anyone did 18 years ago. i hope your not being self righteous and think your above being accused and or convicted yourself of anything in this unjust broken world that any cop or attorney like charge you with. btw remember sex offenders can be presidents ie Bill and Hillary. so if voted for sex offender but not rent to one than your being hypocrite. if he has good landlord recommendations, good income 3x rent, and is not currently actively in courts check with his boss, his ex landlords, and call his references. ive never met perfect tenant nor perfect landlord. cause neither exist.reduce risks on everyone imho sec 8 are worst tenants overall than former felons. even if guilty does he pay his rent and bills. end day thats what matters. p.s.sthe so called list is unconstitutional, it is essentially double jeopardy, and not allow them serve time once but daily and no freedom of privacy, now everyone gets punish him.or her every day forever. thus suicide rates high. but most self righteous hateful people dont care about perpetuating unconstuitional rules laws against fellow americans but i do. screen same for everyone. 

Sounds crazy but i plan to include a lot of particular and descriptive verbiage in the lease, i.e... noise restrictions, no more than so many persons, no weapons, no kegs.. etc.. so your preference is umbrella over LLC?

Sure, a lucky few will equip themselves on the field with guns they stole from the enemy, and a lucky few will be able to rise to the ranks of generals, but for all that weren’t lucky might either get critically injured or killed by all of those who were taught the basics of how to fire a weapon, work as a team, navigate in the field, and learning .

Particularly, the contractors in this area are subpar...Until, we found our current contractor, he is amazing and our secret weapon.

Leave the BS moral outrage and righteous indignation to the social activists.

If you're potentially affected, you'll be glad you have your real estate ventures as a fallback.)I happened to have used engineering as my primary driver, but there are several types of engineers (mechanical engineers design weapons, for example, while civil engineers design targets).

The investors doth protest too much, methinks...you can all stop clutching at your pearls and insisting you have never deviated once in your life from the path of the righteous man.