I then assigned and sold the contract for $2.9 million and made a $100,000 assignment fee.

The days of just putting something up and hoping for the best are long gone. 

The issue is funds are due immediately after winning the auction in the form of a cashiers check.

Here are the fastest-selling ZIP codes in America in the second quarter of 2024.Snohomish County just north of Seattle coming in at #1Obviously this makes finding deals in these locations harder to find which is why working with the right people matters now more than ever. 

We each made $7,500 on the deal What made you interested in investing in this type of deal?

Need to know: Market locationwhat finances look likecurrent goalsjobetc.....Duplexes are one of the best entry points for the new investor, but all depends on the specific deal and strategies implemented. 

The selling price is $700k, and the ARV is around $930k.

What are the my options to limit bringing that money out of pocket for the down payment but also minimize the amount of equity given away on the project? 

The first hurdle was convincing them to leave via cash for keys.

If you want to shield yourselves as the owners of the properties, then I guess it's possible, but not sure why you want that extra accounting headache.