@Gorden Lopes thanks for the add. i hope all is well with you. we definitely need to catch up and schedule a call to discuss some amazing opportunities.

Reach out to Joe Fairless and schedule a call. 

If I refinance in the name of the LLC, I will be looking at a 5 year balloon loan on a 25 year amortization schedule. 

Not only does the scheduling of a second appraisal add to closing timeline, typically, but my deal fell apart because the second appraisal came in 20% below the initial appraisal.I have talked with several flipper friends that have stated similar scenarios of the first appraisal coming back fine and the second coming in short, but this is not always the case.

@Ashley Willis so you are not deducting these expenses from revenues when you file taxes , I think it is schedule E?   

@Brian Garrett Not so much defered CapEx though there is that but it's more to do with the Schedule E

@Justin Manges - Not scheduled yet, but our June meetup will be on June 22. 

We usually have investors email or schedule a call with us to discuss your goals and expectations and see if we're a right fit.

Savings rate of $50k/year  3)busy  work schedule  and limited time for full gut renovations.  4) have two other friends whom i can partner with and  can also contribute $50k/year in equity- i am just not sure how to structure the partnership for best financing terms.

COVID-19 made my traveling to the US more difficult, but finally I am arriving to the Miami area for a few weeks.I would love to meet new people active in wholesale, real estate brokerage, development and lenders and potential investment partners to team up with in the Miami area.Please DM me if you would like to schedule a meeting.Best regards,Bert Knot