Hello everyone my name is Edwin manning i currently live in the Modesto Ca area and i'm about 5 days new to the Bigger pockets site and would love any help navigating. As we all know real estate has sky rocketed acros...

The home was a bad investment, and the sooner they can recoup part of their capital the sooner they can re-deploy the capital in a way that is profitable.

While I know the property has appreciated based on the market, I'm not sure what the property would appraise for, but I could tell you what I think investors would pay for it based on an NOI of ~$33,000 at the cap rates properties are trading at in the bay area.So, if I can't borrow against my theoretical equity, the thought of selling and trading into a larger property had come into play to put that equity to work in a better way.

what my cash flow/profit is on this place.....and what it will cost me to fix the issue to my standards....does it make $$ sense, or is my standard a bad $$ decision?

Now that I know the rest of the story   First though you need to get a better handle on your profit situation. 

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

William, Some utility companies have warranty/ service agreements that you pay for every month, i do not know how fast they would come out to repair stuff. i know here in NJ our Gas/ Electric provider, PSEG, has such a program but you pay for it monthly whether you use it or not, i don't know if they do minor stuff, mostly larger appliances. but that may be different with the utility co. by you.

If people were wholesaling the way they should (buy the property below market value and sell it for a profit) I wouldn't take issue with the practice.

Purchase price: $40,000Partnered with another wholesaler and I profited over 5k with zero investment.What made you interested in investing in this type of deal?

Is it 40-50% net profit?