I sincerely doubt, I will get any property at the revised price (initial contract + 10% additional)Builder is non-responsive to my phone calls now.

In this case, a 70/30 split was agreed upon at the outset of the syndication (70% to investors, 30% to the Jane and John).At this point, each passive investor has received monthly cashflow checks during the renovation and hold period, plus their initial capital investment back once the property sold, plus their portion of the profit split after the sale...a pretty sweet deal for little-to-no work!

Was initially going to use the $35K for the 25% needed for the down payment on a conventual loan and then I learned the market was hotter than a pan of biscuits so I switched to the king (Cash) used from my HELOC.

I initially began the refinance under my name with a local bank who is a portfolio lender and locked in a rate in the low to mid 3's for a 30 yr conventional loan.

I have someone who has put up the down payment for my flip just to be able to shadow me and learn the process while also receiving a return on their initial investment.You could always wholesale it to someone else.

Yes I am thinking to hire a realtor, I spoke to someone in Redfin and they seemed like a good fit after initial conversation.Also I wish to know as part of the real estate transaction, can sellers and buyers communicate directly?

The downside, it sounded like, is you'd want to be local and manage it yourself because a pm will take too much 0% out of your cash flow initially.

Initially started as my own home.

as many units as you could get initially, and then learn to manage, and from there you'll have so much opportunity and a great financial foundation.   

Hey Tyler, It probably comes down to a question of initial cost vs on-going cost and maintenance requirements.