It's that or nothing out here and although house out here are profitable at 200k we in Canada have a floating rate 2.5% but it can go up or down, so if it goes up to 5 % 200 k dept is going to be ugly.

Resale Proceeds: the net profit from the sale proceeds would be split 50-50% between Managing Member and Capital Members.I hope this helpsAnkit

." - http://www.biggerpockets.com/renewsblog/2009/08/06/easy-ways-build-wholesale-buyers-list/Later on she said, "When I work with other wholesalers I get part of the profit if I find a buyer.

I've found a partner who is willing to co-sign in exchange for a share of the profits including appreciation.My question is how do we determine the property value at the beginning and at the end of the partnership to determine the appreciation?

And, if the properties are truly profitable, I want to roll the accumulated earnings into more properties.I self manage, and I'm willing, for now, to put in my labor for free.

As best I can tell they give grants to non profits in the form of property and cash but i'm not really clear.Anyone heard of this before?

I'll do a quick calculation to see if the property is going to be worth going to look at using estimates for rehab.Calculation:Rental rateminustaxes: this will be on crsdata Ins: I usually calculate $1000-1100 for the yearMisc: 10% of rental incomeProperty manager: 1/2 1st months rent plus 10% of the next 11 months usually comes out to 12%Exp:Rental income: $750(property management: $100)(Taxes estim $900/12: $75)(Insurance: 1100/12: 91.66)This is variable it could be lower(misc repairs in future: $75)= $408.34 per month profit or $4900 a yearThis is a great profit if you get a house rent ready under $20K.Thats a 24.5% Cap rate.

The numbers are true, made almost 50,000 profit on flips of my own with business partners.

Uh-oh.Seeing comps for the area at $450k, the lender didn’t see the how they could sell it for the profit needed to make it worthwhile.

I -might- purchase one with a VA loan, but that would cut down on profit margin, plus I hate that it adds its own funding fee.