@Victor MercadoIf the deal is as strong as you think, why not contract it and wholesale for a handsome profit and be better suited to take down the next deal?

As Red Green would say, “if they don’t find u handsome they better find u handy.”

. - Amateur hour, newbies with money burning a hole in the pocket- Experience sponsors with money burning a hole in their pocket- 1031 folks with money burning a hole in their pockets- SpeculatorsA ton of people have done stupid things in the past few years and have been handsomely rewarded.

(forgive me, I am new)On one hand some are saying pay cash but then refi so you are not leveraged to the hilt in case of a down turn.

Good agents do these things during the day:Prospecting & MarketingService Sales FunnelBuyer/Seller Presentations & NegotiationMarket Knowledge (You should know the market like the back of your hand)Some skills & traits you need:Sales & Negotiation skillsExcellent writing and verbal communication skillsSOP (standard operating procedure) development skillsOrganizational skills Real estate knowledge (Mortgages, Construction, Financial Modeling, CMAs, Architecture, Economics, and the list goes on and on and on)Entrepreneurial Obviously, there's way more than this to become a top agent.

On the other hand, my "partner" could improve the property and sell it at a handsome profit for himself.What do you think?

Inevitably I will get all my money back plus a handsome bonus.  

It paid off handsomely!

You can double that rate by investing in traditional rental incomes instead, charging upwards of $3,300 with a handsome rate of return at 2.34 percent.