I am still struggling with a old "E" mindset !!

For the last year I have been on the hunt for funding. We currently fix and flip with my father in law but are ready to break out on our own. We have been searching the internet until my eyes burn. I'm unfamiliar on w...

My Mom believed I wasn't mentally slow, just struggled to read quickly and believed I could overcome this with extra help.

Hi BP, i was wondering if i could ask you some info on analyzing my first flip. i have done rehabs in the past but that was for buy and hold, and one was for my primary residents, so i am somewhat aware of what goes in a house, i just want to make sure every thing is covered. one area i really struggle with is labor, that is because i normally do the work myself. although with 3 small kids i promised my wife, i would not look at a deal unless it was budgeted for labor. i would like to know the hidden cost, i will be using HML to buy the house, with a rehab time around  2 months.  

@Jay GrabbeSounds like you're taking action, which is where many others struggle or fail.

However, I'm struggling to decide how to frame the deal.  

My name is Andrew and I'm starting my Rehabbing business in the hopes of bringing good family's to milw/wis while giving the current residence a chance to upgrade,  grew up learning how to read eviction notices, I done seen struggles and don't plan on letting it stop me,  I am working from my home office and looking to build my reputation and Network to top tier....

I think the answers to those questions will give you a better picture as to what's the best strategy to pursue.Good luck,Milad I have struggled a bit with aspect of real estate I like most but ultimately for me right now through at least the next 5 years it would simply be the area in real estate which gives me the best cash flow. 

The part I'm struggling with is financing. $28,000 seems low unless your talking about interest only then it seems high.So let's assume 80% financing 20% equity. $360K @ 20 year fully amortized is $28,510 annually.

Rejection has always been a struggle for me.