Is it worth it to potentially take a slightly smaller return on this one deal to gain the knowledge/introductions for me to repeat this process in the future acting as my own GC?

Purchase price: $145,000 Cash invested: $8,000 This 2 bedroom Condo with a garage was fully renovated by the owners before moving into a house and holding it for a rental since 2001.

Here’s the situation:Key Project Details:•Property Size (pre-renovation): 250 sq. meters (2500 sq. feet)•Purchase Price: 250,000 EUR (1,000 EUR/sq. meter)•Renovation Costs: 750 EUR/sq. meter (includes kitchen, appliances, quality furnishings)• Loan costs (during renovation and renting): 350 sq. meters (due to attic expansion)•Property Size (post-renovation): 350 sq. meters (due to attic expansion)•Post-Renovation Layout: 2 separate apartments•Airbnb Income (24 months): 2,500 EUR/month/apartment (= 5,000 EUR/month)• Other running costs: 600 EUR/month•Projected Sale Price (after 2-3 years): 850,000 EUR (approx. 2,500 EUR/sq. meter)•Closing Costs: Negligible in Tbilisi•Real Estate Agent’s Fee: Typically 3%, but negotiable based on who hires themFinancing Setup:•Property Purchase Financing: 100% bank financing at 5.9% interest (bank has even financed 150% to cover some renovation costs in the past)•Renovation Financing: Our friend is offering to finance 250,000 EUR in cash for the renovationsProposed Partnership Structure:•Work Involved (on our side): Full renovation (10-12 months to complete), furnishing, and property management through Airbnb until the sale (2-3 years)•Profit Split Proposal: 60% (us) / 40% (friend providing renovation financing)Questions for the Community:1.Does the proposed profit split (60/40) seem fair, given the work we would handle (renovation, furnishing, property management)?

Indianapolis/ Central Indiana Investors- do you prefer to invest in fix and flip properties or buy and hold for rental cash flow and longterm appreciation? 

You pay same day, same hour, or even in some places like Dallas county the same minute you buy in CASH or cashier's checks. 

The question here is how can I rely on myself doing more diligence when it comes to liens, issues with HoAs that may have financing declined or things that may affect me when buying cash!?

This might avoid a lien and free up cash for your down payment.Hard Money or Bridge Loan: Look into hard money or bridge loans to temporarily cover the taxes or down payment.

The issue is I need a little capital due to another renovation but I can’t cash out refi the lender cause my credit took a dip just below 660.

I am trying to cash out refi a property and have narrowed my lenders down to 2.

It has positive cash flow of $150/month.