They cut so many corners and still managed to sell a half-assed rehab for a decent profit.I am a mortgage broker, and I know a fair share about the lending side of Real Estate but I seem to hit the same road block when it comes to getting started.My only holdback right now is funds.

The few programs out there that will do blanket residential loans are fairly new and 5+ properties are required.Let's face it.

THIS IS ONLY A PARTIAL LIST.On these thousands of properties, they must concern themselves with occupant issues, safety and hazard issues, legal and title issues, property preservation issues, expense management, documentation and company/lender auditors, investor oversight, potential insurance claims, PMI or M/I claims, government oversight, Fair Housing issues, ooh and Profit/Loss (Values).

in NC for that unit, just curious are you paying fair market?

Otherwise, if you want an appraiser to assign a fair market rent to see what a lender will allow as the contribution toward the purchase price.

Ever since then, I've spent my time accumulating knowledge, honing my sales and communication skills, and finishing college.My first deal will probably be when I buy my first condo after my lease is up.

A rental value of 1200.00 per month should give you an idea that the property if rented correctly at a fair value should be worth no more than 120,000.

Make sure you have the same goals and communication style.

That means they work fairly "neatly", or as neatly as conditions permit.

When we go to sell what is a fair/typical profit split?