Coordinating a same-day sale required precise timing and efficient communication.

Are you confident that you will be able to invest the remaining 16.5% in another investment vehicle that will generate better returns for you? 

Arbitrage is a high-risk thing that depends on precise knowledge and process.

Thanks for the reply.I live in the Los Angeles area (Orange County to be precise).

See below output with a few thoughts:- Would need a few more data points to be precise (rehab estimate, duration estimate, property taxes, insurance, utilities, HOA, maintenance, etc.).- Assuming a 12% HML with a 3% origination fee held for 4 months, with a 30-year cash out refinance at 70% LTV and 7% interest rate, where the property stabilizes two months after refinancing (6 months after purchasing), you would (i) nearly breakeven on the cash out refinance and would generate $455 in monthly net cash flow in year 1, increasing annually, assuming you rent for $7,000 in year 1 and increase rent 4% YoY.- See below and let me know if you would like me to send you a copy.

Agreed about investment properties and 100% on the exacto knife and taking time with precision. 

To truly improve my comps & ARV so that my deal is precise with nothing be slightly off, any one of the three i listed would be of great assistance to me in completing my first wholesale.

Coordinating a same-day sale required precise timing, efficient communication, and meticulous planning.

Couple things in your way: buying house from Dad isn't arm's length transaction; $23000 annual income = $1916 a month how much credit cars/student loans/vehicles/ and primary residence payments/ is there depreciation added back to that number?

This means you have an LLC for a single business activity, which is filed correctly, has an Operating Agreement with clear and precise terms, you set up a separate bank account for that LLC and its related business activity, you do not use that bank account in any way for personal activity, and while it varies per state as being a requirement, you always want to make sure you have periodic filings and to take it even further, hold a "meeting" once a year...even if you're the sole member and there's not much changes that took place for the year.