I've been able to walk through a few properties here but I'm mostly already priced out of my favorite neighborhood.As a result I've been looking at Canaryville, McKinley Park, Pilsen (also pretty heavily priced out of) and Brighton Park for investments.

I have used the BP calc on a couple that I thought would be a good deal but have gotten negative results.

Considering they all have the same term of 12-18 months, and a projected net profit of 1.5x equity multiple, (a $1MM project, with a $1.5MM ARV) which would you rather:-Debt securities, secured by the property, monthly returns, typically at a higher rate, no accrued returns or profit sharing; or,-Preferred equity, higher risk, quarterly returns at a lower current rate, with a set accrued return which brings your total returns higher than would be with debt; or,-Common equity, highest risk, quarterly returns similar to preferred equity, profit sharing upon sale or refinancing the property based on your % equity ownership.Also, any additional information you're willing to share would be great such as the type of deals you've invested in and the performance/results of those investments, especially if they influenced your decision.

If your state/area has a chapter (bummer, ours doesn't), you can choose it and scroll down through the results to see names for the PMs in your area who are members of NARPM. 

Yes, I price match my groceries (using apps that do the leg work for me)...but why more people aren't economical about their personal lives is beyond me.

Definitely not pics that could be matched to the line items that they told me they were fixing, but enough to show that some work has definitely been done.

Because to me, I am reading reading reading reading reading reading reading reading reading reading reading reading reading reading reading, and then reading some more, and the result? 

As a wholesaler, am I supposed to perk test it myself (I was trying to pay little to nothing out of pocket on these deals), or do I include a clause in my contract with the seller that allows the buyer to conduct soil test and the deal is contingent upon results.

As I understand it we have already committed to crediting the difference in your higher interest rate payment (in writing on 4/29) to show you that the delays in your financing will result in no financial benefit to SBL or additional cost to you. 

You're 10K into a house purchase that has resulted in ~$150K of equity.