Sell it when you're ready to move to Arkansas and live high off the profits.

Construction Items required in a Preliminary Package1.Project description (which includes number of units, proposed pricing of units, total costs, per plan costs, profits, proposed equity and proposed loan amount, any subordinated debt)2.Project cash flow3.Location map4.Cost breakdown 5.Market study - if available (an internal or third party study)6.Sequence list (including lot number, plan number, base price, proposed premiums) 7.Biography or resume of key management8.Authorization/Release for Business and Principal9.Borrower’s Certificate of Past Credit Relationships (attached)10.Banking references and two sub-contractor or supplier references (attached)11.List of all current projects (location, price range, size range, sales rate, JV partner, lender) (attached)12.Financial Statements for borrowing entity and guarantor(s) (attached)a)Current financial statements, indicate book value or market value basisb)Statements must accurately report all assets and all liabilities (include contingencies)c)Statements must be signed and datedd)Signed tax returns for past two years (please include all K1’s)13.Financial Statement Certification (attached)14.Tax Return Certification (attached)15.

I went through a house about 6 weeks ago that was bank owned and listed at $75k.... needed some work, but could be rehabbed and sold for about a conservative $5k-10k profit.

If you might be interested in obtaining properties and either flipping them for a profit or rentingthem for positive cash flow then email me.

Anyway, I figured that after purchase price, just shy of 20k in rehab, and reasonable holding costs, the profit would come in at 34-38K so I put the property under contract and proceeded to look for a buyer.I was given the name of an experienced rehab and holder and contacted him about the deal.

We want to provide you with the right solution according to your demands.Professional brokers throughout the country.Specific property search.Property Management.Financial assistance.Legal assistance.Relocation services.Car rental assistance.Hotel and tours information.With these services to mention a few, our intention is to make your real estate experience simple and profitable.

I know of a local non-profit that provides funding.

After all, why own multi-unit properties except for the profit that they can put into your pocket?

So Maybe it would make $6,000/month profit?

My main goal at the moment is to become as familiar as possible with everything rehab and real estate so i can be successful with this investment and develop my next investments into more profitable ones as i go.