Loan balance after 5 years is $288,869.Equity 175k -80k initial investment - 10k closing cost = 85kROI = 48%Not including rental income which honestly I would just use as a fund for potential problems, or leverage for another loan in the future.Overall its a better ROI than Bellevue and does not require me to do a cash out re-fi making it a better deal.

and am talking about paying a initial down payment and then paying the rest of the amount in some time and I need to know what is that standard time- is it 3 months or 6 months or an entire year ?

@Chris EakerYou are only able to '@'-mention either people who are your colleagues or who have already participated in the current discussion (thread).That said, there are a few people whose usernames can be problematic to '@'-mention (i.e. those commencing with an initial).

Initially, I was concerned there would need to be filings with Missouri, but I have received the advice that it is not necessary to do anything additional just because the flip is in another state than my business filing.  

Do they simply do the initial deal analysis and then get it under contract, then flip?

In any event, it sounds like it was overpriced initially and now it's coming down to a more realistic number. 

This property comes with a separate parceled build able lot that I just may sell to a builder to then be able to pull back out all of my initial investment.

Initially I thought about just home staging, then I thought flipping would be a better investment, but the more I read here, the more I believe starting off in wholesaling may be for me.

The middle initial and city matches.

Ideally I would like to use the  positive cashflow to purchase more properties, but what's the initial strategy?