An investor will make the payments because profits are on the final sale of the property.When you sell a home subject-to the existing mortgage to us, you can enjoy a number of benefits. $ Creative way to get a hard to sell house SOLD FAST!

That combined with a strong positive cash flow potential and an economical growth rate that rivals other larger metropolitan cities is a huge plus. 

It went so well we are doing it again this week, but it got me wondering, what are your favorite and most profitable ways to fix up a property WITHOUT using carpet and paint rehab fix ups.  

My question is, does anyone else have a similar business structure and if so, do you take your profits from your flips as a distribution or as wages in the form of paychecks?

For newbies looking to connect, I recommend the meetups for a larger chance to connect with folks. 

Hey BP!1. Here are the numbers:ACQUISITION (for purchase price, closing costs, lender costs, escrow costs): $434kREHAB (LABOR + MATERIALS): $102kREHAB TIME: 10 WEEKSHOLDING COSTS (MORTGAGE, STAGING): $16KSALE PRICE: $...

Bigger pocketsBest Ever Real estate investing adviceLifetime cash flowWheelbarrow profits - for multi family Pillars of wealth Creation (coming soon)

Their name is not on the mortgage but we split the profits.

He is a bit tired of working on this lot and said that he would be willing to let me take on the project (I would have to get the financing and manage it, he doesn't want to get the financing)  and we could then share the profits of the flip.

I have two property management referrals for you, depending on what style of management you're looking for:Real Property Management North Puget Sound - Larger company that is part of a franchise.