This is the Cleveland Ave. that is in Reynoldstown off of Moreland and is NOT to be confused with the the Cleveland Ave. that is off of I-75/85 just south of their split. 2br/1ba in Reynoldstown.

He purchased it under his name as his primary residence and we decided (with a binding contract of course) to split all profit 50/50 and to try and split the expenses with the rehab 50/50 as well.

:rock:

actually i have made really good profits in the michigan market. last deal we split 46k i have 5 other rehabs coming to completion avg profit will be 40k so yeah we like it when the world thinks michigan is dead so we can reap the rewards with no competition.

Congradulations to everyone out there attempting to better their lives...Good Job and I wish you much Success.My name is Joseph and I track and buy all properties that go to the Trustee Sale on the courthouse steps.I am looking for investors who are intrested to jump on board a System that is up and running.I pay all investors on a 50-50 Split.

My investors are about a 50% split when they are purchasing properties. 50% are buying with cash/credit lines and 50% are buying with mortgages at 80-90% of the LTV and either putting the remainder of the cash down themselves of asking the seller, if possible, to carry the rest back.Derek

:rock:

I ended up splitting the cost of Robert Shemin's course with my brother (who went with me) and I love it.

the title of the thread sounds like the name of a rock band...GREETINGS FROM JAY!

I experienced months of 50% vacancy until I finally made drastic changes by splitting the floor plan and renting as two single room occupancies instead of a 1bd/1bth.