land in the path of progress creates some of the biggest profits in the industry.. as long as you can still buy at farmer prices.. and not speculator prices.

So,Buy $200,000Sell $220,000Built in profit $20,000Option fee I pay $10Option fee I charge $10,000Cash Profit to me $9,990My monthly payment $1200Their monthly payment to me $1600My monthly cash flow $400 each month for two years until they exercise the Option.I have 3 years to exercise my Option but I given my buyer 2 years to exercise theirs.

On average, North Texas flippers sold their flips for $244,811, making a gross profit of $44,811, or more than 22 percent.

Profit margins, after paying lot rent, is slim but possible in the lower quality communities assuming lot rent is low.

We have dabbled with a similar all-inclusive rent-by-the-room of 4 bedroom townhomes in Colorado, and it has been very profitable.   -- Mark

Make an offer based on that minus repair minus your fee minus your end buyer’s closing cost and about 25-30% for their profit.

Originally posted by @Varun Parkash:Originally posted by @Jay Hinrichs:Loan origination fee will be added to this.. if not they are making a yeild spread premium is how they are getting paid.a loan company cannot stay in business unless they make 3 to 5k per file.. not possible. over head would kill themif its a bank direct then thats different it is a direct big bank then other than interest rate that's a good deal.. although the bank Is paying their RMLO through yield spread this is not a none profit.

Recently put my investing journey on hold to become an agent, and transition from my previous occupation as a welder.

You are asking someone to sell their house for below market value and they know you are going to make a profit off it, so if you aren't solving an issue of theirs then why would they sell to you?

And we’ve made more profit on each deal in progression ending with a latest where we netted about $65k on a pop top.