Originally posted by @Andrew LeBaron:@Erik Matthew We delegate most of our tasks to our team of Virtual Assistants in the Philippines.

We had originally talked 50/50 in terms of ownership.

Originally posted by @Jason Goretzki:Hey @Nate McCabe; welcome back! 

If you paid the original investor more than the calculated redemption price plus however much you increased the value (not the cost, but the increased value) with your preservation improvements, then you will just lose that money.

Originally posted by @Susan O.

They are kept by the developer or the original land owner that sold to the developer.

I typically pay 10% between origination fees, lawyers, inspectors, appraisals, taxes (which is the big killer of all deals and can be in the thousands if not 10s of thousands) Granted, my taxes are prorated at closing but I still need the money upfront. 

Originally posted by Account Closed:Hi, looking for lending advice.. 

Originally posted by @Devin Best:Thanks for sharing that article, Rob.

Originally posted by @Carlos Pelegrina:I'm out of town investor, and I purchase a property in Cleveland, signed contract with a GC i meet on here, who was doing a decent job for some time, and I thought it was an honest guy.