I got 15% note rate and then another big move with the currency arbitrage.. although for me lending in BC I did not research it far enough it ended up well as stated.. but once I dug into what happens if they don't pay.. that's when I got a little bit of an ut oh not the US and much tougher.. it was a small number like 100k.. so not the end of the world but still. 

Here are some latest stats:1️⃣ 84,350 single family homes and condos in the U.S. were flipped in Q2 20232️⃣ The % of flips representing all home sales slightly went down in Q2 20238% of all home sales in Q2 2023 vs 8.9% in Q2 2023 vs 9.9% in Q1 20233️⃣ Despite that drop, the median $308,500 resale price of homes flipped nationwide, generated a gross profit of $66,500 in Q2 2023 above the median investor purchase price of $242,000Q1 2023 - $56,250 gross profit (up by ~18% in Q2 2023)Q2 2022 - $102,063 gross profit (35% down in Q2 2023)4️⃣ The typical gross flipping profit translated into 27.5% ROI in Q2 20235️⃣ Typical home flipping returns increased quarterly in 2/3 of nation, led by Trenton, NJ, Akron, OH, and Montgomery, AL6️⃣ The largest investment returns on typical home flips among metro areas with a population of at least 1 million in Q2 2023:👉 Baltimore, MD (79.3 percent)👉 Philadelphia, PA (76.9 percent)👉 Rochester, NY (76.2 percent) 👉 Richmond, VA (75.5 percent)7️⃣ The weakest returns on typical home flips among metro areas with a population of at least 1 million in Q2 2023:  👉 Austin, TX (3.3 percent loss)👉 Phoenix, AZ (4.9 percent gain)👉 Salt Lake City, UT (6 percent gain)👉 Dallas, TX (6.7 percent gain)👉 San Antonio, TX (6.8 percent gain)8️⃣ Of the 84,350 U.S. homes flipped in the Q2 2023, 11.9% were sold to buyers using loans backed by the Federal Housing Administration (FHA), marking the fourth straight quarterly gain.9️⃣ The average time it took from purchase to resale on home flips rose to 178 days in the Q2 2023.

Hey Kevin, I just did a similar thing and used a Legal group out of Utah (which was out of State for me at the time), but they had me set up a new entity for TN.

My next plan of attack is finding wholesalers.What are your preferred methods of finding properties in Utah?

I am interested in Raleigh/Carolinas, Utah (Provo, Salt Lake), Reno NV, Philadelphia and PA, and some Texas markets.

Salt Lake and Utah Counties have seen massive appreciation and will only continue to rise for the foreseeable future.

It is surrounded by growing communities and a central crossroads to Sun Valley, Boise, Pocatello, Nevada, and Utah.

Are you looking in Utah?

I am from Utah and there are several excellent REIA groups in the area.

I enjoy my day job and real estate, but mountain biking in Utah and jet skis on the lake sounds pretty nice, too.