We have a wonderful community of investors here in Chicago for sure. 

Purchase price: $9,163 Sale price: $20,000We bought from an elderly woman who inherited the property.

I’m wondering on buying a second property using HELOC.

Only in the year of sale of that property?

I spent a few months wholesaling pre-foreclosures but then I start to wonder, Is it possible to wholesale properties with a set auction date? 

Purchase price: $5,500 Sale price: $12,500 Double closed 1.02 acres of residential land in Orangeburg County, SC.

I am wondering, if by doing this, I will make the situation more complicated than it should be. 

But sales people will do what sales people do.   

Purchase price: $745,000 Cash invested: $400,000 Sale price: $745,000 Amazing 1 bed/2bath East Vail Creekside condo at the Vail Racquet Club.

Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low.