YOU WILL RECEIVE: All advertising needed for your success, Motivated sellers contacts, Cash buyers contacts, Private money contactsWe will partner for 6 (six) property purchases and resale and equally split the profits (50/50).This sounds good but I would like to see what some more experienced wholesalers felt about this deal...Thanks

And we split between.

Look into a split ductless HVAC units, they go through the wall, very efficient and should cost much less than central systems.

.$2960 /mo cash flow ....Even if you only used half of that to pay down the loan you would own the property free and clear in 6 years.So to answer your question if I wanted to put zero cash into it I would find a partner who would put all the money into it and let me take care of all the legwork and headache then split the profits with my partner 50/50 and we would both be making a killing at the end of the day.Or, I would find some bank that would give me a loan even if the interest was high and work out the math I did above again to ensure it makes sense once all the numbers are evident.

Not to mention you'd have better luck getting grape juice to come out of a rock than to find a hard money lender that will give you the LTV you're able to get with a VA loan.

@Juan Soto it's good to have a mentor on your first few deals and split the money 50/50.

Churches, hospitals, shopping all within 5 miles.One thing I don't like and would get quotes on is splitting up all the heat, air, and water and have them separately metered.rent $6875Laundry $350Advertising $75Insurance $125Management $700Maintenance $700Garbage $185Electric $565Gas $552Water $366Taxes $1060I could probably put down about $6,000-10,000, and would try to get the owner to finance the rest of the down payment.

That total % gets split between the listing agent and buyer's agent depending upon the % agreed upon by the owner and listing agent.

The utilities are split and the tenant is going to be paying the electric bill which includes heat.Just curious to hear if anyone in a similar situation drops the rent for a rental by $25 - 50 because of what will likely be a higher than normal utility bill.Thanks, Erik

Joy of working short sales I guess.Rough numbers are:Purchase: $180kRehab: $8kSale: $250kI was gonna change the floorplan some and update more and sell in the $275k range, but I think the better play is to just do paint, carpet, clean up and flip it quickly for $30k or so after holding/sales costs.Had some new private lenders not come through so its either find some money or a partner or go institutional hard money...which doesn't appeal to me.Open on terms and split depending on how the work/money/experience shakes out.