Partnering with Mike Hardin provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

. :) For now, we are just getting into flipping and are trying to run some hypothetical scenarios though a calculator to rough out costs and estimated ROI for our first wholesale flip.Thanks for any guidance you can provide!

Any clarification you can provide would be much appreciated!

I sent her the check for returned security deposit by certified mail to a P.O. box she provided me.

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So in your example, if I’m trying to keep it but allow me time to save up for the eventual down payment, I could provide 1) an upfront down payment (a percentage) and then what would be an example of how the deal is structured for the time that I’m “leasing” the property?

Just like you would do with any non-family contractor working for you:- get them to complete Form W9 for you, as you will need their SSNs- have them provide receipts for materials/supplies and keep those receipts- have a written labor agreement (how much and for what) - pay for materials separately from labor- make all payments electronically rather than cash so you can trace them- pay out of your business account, not personal- issue them 1099s next year if you paid them $600 or more for labor (for the whole year, not per job): https://www.biggerpockets.com/forums/51/topics/1167632-expla... 

Cash flow can be difficult to achieve, but appreciation has been pretty great for about a decade.Hope this helps a little, reach out if I can provide more info.Best of luck!

Hello, I am looking for a real estate attorney to review paperwork and provide advice in the case I need to invest in a SFR using a self directed IRA.

A higher credit score will help you secure the necessary financing for future investments.