I have a friend I know that is trying to get rid of his moble home and I don't know much about the niche or if there is profit in it.

After all was said and done it showed me walking away with $40,107.50 (my target goal was $40,000 profit).The final numbers were:Purchase $91,500.00Renovations $73,587.97Sold Price $250,000.00After closing costs, give back and all in the profit $67,571.60So the largest area of savings was in regards to AC.

Assuming the market stays the same, you want to be able to sell your primary residence in a year or two and make a profit (not just accounting for inflation or appreciation).

You can ask them if they'd be willing to come in on it with you if you give them majority (like 60/40) in return for them walking you through some parts that you're unclear on.

Ask yourself this which is worth more to you, $8k a year of cashflow or $40k profit?

My guess is that this company that owns a majority is either the developer or when that 75% threshold was met, the only options for board members was this ONE company/owner.

I want to use a private lender/friend to fund the rehab, how much of the profit do they deserve? 

I have a property in mind, located in Houston TX that's yields a good profit.

-i searched on google maps and it has this amazing feature that allows you to see the street in "3D" so with the mouse on my computer i "drove" around the neighborhood i would like to wholesale in, (where i think the best deals FOR THE BUYER) will be, not for my personal gain. with wholesaling, when doing research on properties, its easy to get excited about what you can potentially make, but anyone who has read "think and grow rich" knows that any profit is a reward. my motivation for wholesaling houses in the "hood" is because it is my home.

I have purchased major appliances, cabinets.