Originally posted by "charles whitaker":JCJR is on the spot.Also, you'll find that wholesaling a deal to a retail buyer(conventional financing) is frowned upon by banks.

Originally posted by "charles whitaker":I haven't met a single person that does this job well that saw it on TV and decided to start (rehabbing that is).

Charles,Do those numbers include labor or are they for materials only?

Originally posted by "charles whitaker":BTW, what are you spending 40K on, that sure is alot of money to go into a house and I know that sheetrock is not very expensive.

Citigroup's fourth-quarter profit will be reduced by as much as $7 billion because of losses from subprime mortgages, which led to the departure of CEO Charles O.

Our system of real estate is built on the principles of feudalism that were founded by Charles Martel in the 8th century.

Originally posted by Charles Perkins:I have checked both of these books out in the past.

Charles, what is your goal... to maximize your long term profit from a rental unit... or do live in a home you really like for the next few years?

Originally posted by Charles Perkins: Generally though if you are flipping this is business income subject to self employment and it doesn't matter how long you hold it.This is the heart of my original question.

Charles, is there an amount or threshold that makes a purchase immaterial or De Minimus?