Selling now and then re-investing the profit is a tough decision to make because obviously we are going to end up buying high too.

They are technically non-profits, which is why they can offer better rates.

For example, you could have someone be a 99% member of the LLC but only get 1% of the profits from the LLC.

Next to a busy street, with a lot of traffic, the land is a Zoning LAR1 - will I be allowed to place a billboard to profit from advertising? 

having a difficult time using both the brrrr and fix and flip calculator because i intend to live in the property for 1 year so not a rehab. these calculators seem to assume i won't live in the property. based on the factors below, i'm hoping someone can poke holes.arv=270krepair=my father who is a general contractor is overestimating at 35k (it's definitely livable, but there's opportunity to upgrade/update such as the roof, floors, cabinets). i'd live there for a year and plan to either flip or rent after the year.annual expected property tax=$7.5klisted price is around $235k ($/sq ft is below comp average)comps within the past year for similar properties around $260-$280kpreferred profit (not too sure about this) but $20k is a target...i guess.estimated rental based on recent is $1.8-1.85k/monthi was thinking about offering $210k max, but the calculators recommended an estimated purchase offer between $160-$175k, which seems extremely low given the livable condition.what am i calculating wrong here? 

If you have more deals than you can possibly buy, or enough to keep you money busy, then it makes sense to take the big profit and roll into the next two deals. 

You could then use the profits from this sale as a downpayment on a property that would cash flow better.If you want to keep the property then I would refinance the mortgage and put it both of your names.

But these properties can be profitable and if you keep the properties up you will be able to secure better and better tenants over time.

Would your co-worker be happy with the idea of you (immediately) wholesaling the property for a profit, when he could just have it listed for full market value in the first place?

Over construction of apartments Larger vacancy and inventory for sale5% price drop already in effectI think we are starting to see the beginnings of at least a correction or an inflexion point in certain markets.