He currently has not offered to make any concessions to his profit line except that he's doing the line items that are over "at cost" and is attempting to justify this by the fact that the home will still have significant equity even with the overages.We are still moving forward, framing is set to begin next week.

They supposedly are a non-profit org that helps provide housing for homeless which works similar to Section 8.http://www.abodeservices.org/Curious if anyone has worked with them and can share your experience?

If it's a marginal deal and you have little to no experience you should probably just fix your credit.The money also has to come from their funds sourced from their asset statements over the last 60 days in order to get approved by the lender.

A little history - I closed my first deal using my own money (turned over 25gs wop) in February which isn't necessarily the most profitable but still coming out with a 5% CAP this year (financial freedoms here I come!!

This goes for financials and profits especially.One final thought..you said you were new.  

About 17K investment and say 150K-106K = 44K profit if we sold today.  2. 

Breakdown:Sale date: 4/4/2018 Under contract (as the Seller): $65,000Closing Cost 7%: $4,500Net income at sale: $60,450 ROI: 31%Annualized ROI: 37%Total Profit: $14,771 The reason this made sense was the ability we had to use multiple strategies.

Hey BP World,NEW TO THIS REAL ESTATE WORLD....BUT we are looking to buy a house and may not be able to get pre-qualified for mortgage due to work history with current Non-Profit (Self-Employment) not being established for over 2 years. 

Networking on BiggerPockets has been a very profitable resource for me personally as well as many others here on the site.

If I exit in the future might just break even or get some profit.2) second deal is single family 3 bedroom at $49000 %15 percent down, same area near the college rented at $700 that brings $8400, tenant lease is month to month.