Wrong place for this question @Enoch FrankAnd what you're speaking of is more less of a real estate agents job, not wholesaling

I may be wrong but wouldnt that defeat the purpose of having them working with me if I want to jump in quickly on deals .

I don't have the entire day to work on this quite yet and that is part of the problem, and the phone keeps ringing at all the wrong times.  

Account Closed Thank you so much for that formula but my $210k is all wrong Lol. 

Additionally I would also like to hear what went wrong with this investment if you're willing to share.  

We could not get it financed through a credit union or a hard money lender, talked to the wrong ones I guess, but released the wholesaler so he could get someone that could get lending.

Additionally, when POF is a given in transactions nowadays, not providing any POF raises so many red flags, the seller would literally be stupid to execute the contract.These four statements you made are 100% INCORRECT and wrong.1.  

Submitted my post under wrong category... 

Please provide answers by applying them to a $50,000 purchase price.NOTE: My answer, in which I think is wrong, is for that $50,000 purchase at 8% for 6 months would be $666.70(I rounded it up)($50k x .08/6) - For 12 month term: $50k x .08/12= $333.30(I didn't round it)

Every time I see or hear the word "FLEX" involved with a commercial property it seems like it's an obsolete building that's laid out all wrong on the property, that was specifically built to manufacture something like steam powered typewriters.It will have low ceilings, loading docks unable to accommodate modern tractor trailers, and two phase electric.Even if the building is modern, It'll be built for some kind of business that was put out by some kind of big box retailer.