I'll pay $1000 min to $5,000 depending on my profit.

After reading a bunch of articles and threads I think my first impression wasn't wrong.I bought a home, lived in it a few years, sold for a nice profit, and moved into another recently.

That afternoon I had 4 investors looking at my house and it sold with a nice 10K profit.

Also I would suggest that you don't glean the fields. http://www.thefreedictionary.com/glean Make sure it's profitable for the buyer behind you.

[SOLICITATION REMOVED BY ADMIN] I hope you all have a very profitable day and I look forward to chatting with all of you!

Can I pay each of my friends a finders fee equal to 33% of the profits of the deal?

I have some interests in real estate and have read that foreclosure is an efficient way to gather up profits.

Property Cost $200,000.00 Repairs Needed $50,000.00 Number Of Units 10 AVG Rent Per Unit $475.00 Gross Schedule Income $4,750.00 Vacancy Allowance 10% $475.00 Gross Operating Income $4,275.00 Less Operating Expenses Accounting $25.00 0.58% Advertising 0.00% Insurance $125.00 2.92% Lawn / Snow $- 0.00% Repairs $85.50 2.00% **Since i guess high for repairs, i lowered this down to 2% Monthly Taxes $458.33 10.72% *** Renter pays Utilities Electric $- 0.00% Gas $- 0.00% Fuel Oil $- 0.00% Water / waste $- 0.00% Total Operating Expense $693.83 16.23% Net Operating Income $- 0.00% Property Cost With Repairs $250,000.00 25% Down $62,500.00 Additional Cash Down $- Remaining Balance $187,500.00 Gross Operating Income $4,275.00 Monthly Mortgage $1,875.00 Total Operating Expense $693.83 Monthly Profit $1,706.17 36% profit My formula always shoots higher on the cost to protect me.

For every deal she passes you that you flip, give her 10% of the profit, like a finders fee.If she's another wholesaler, get her info, but I'd be surprised if you do business with her.

Mike: I'm currently getting things organized here where I'm at in hopes of being able to get a property under contract via an option, and then sell the option to either another investor or an actual end buyer and then take the profits from that and move to Vegas, so I can have a few months of living expenses covered until I get going over in Vegas.I've got a few questions that I'm going to need to ask, but I'll save that for another post!