And with a good tenant buyer that is willing to pay in a little extra per month toward the down payment, you can get them to work... and ultimately collect your profit on the backend, or on the second and third lease option tenants if that plays out.The clear advantage of going this way is... if you dont find a "GOOD" lease option buyer, you are not obligated to the sellers... just let the bank take it like they were going to anyway.Pre-foreclosure lists are easy to find, and because getting a short sale completed is a numbers game there are often many sellers in that niche that could not get the short sale done, and are going to walk... you can cut your teeth on those until you get your system fine tuned.On a side note... the other way to go is to get a mailing list of absentee owners from your county tax rolls, or realquest.com.

we share profits 50/50 on anything that I buy with it.

i am new at this i found a home asking 980000 apprasil 1300000 alot of money should i try to find invester and assing or thats alot of profit if you can resell it but i cant afford to hold the house and make payments plus i need to find invester would they even want this deal and is there a way i could get the money and put off payments to invester until the house is sold id rather work it to make the most money but i need to be safe too if you know investers please contact me need help now thank you c.s.

Hard money lenders cost for cash will eat up all my profit

If you stay at the 70% guideline, you stand to make about 10-13% of the ARV for profit, before taxes.

It also puts you in a position to do "Lonnie deals" which ar very profitable.

We are individuals who buy real estate (single family houses, duplexes, multiple apartment units, commercial properties, etc.) for profit.

your GROSS profit is 48kThen DEDUCT the option money you collected upfront... say 5k (could be 2k, could be 7k, could be ?)

I would have to investigate the area to make sure it is zoned for what you want to build, make sure that there are no problems with soil and researching the geographic area to give you statistics on what you can expect to profit on your project.

I'll have to calculate what the profit will be after the extra holding costs and see if it's still a good deal.