There is profit to be made using investor builders but after loan fees etc it gets skinny and is often lower then a normal rehab flip.

Hard Pass all day long given skinny to no profit .. person you just met and large dollars involved.

Thank you Matt:I work a system I developed years ago it is called "Control and Roll" power prospecting for houses and commercial properties - controlling with a contract of sale (I call it our skinny contract), advertising it for 3 weeks and sell it in front of the property by public auction.This is the highest leverage in the world - SELLING REAL ESTATE THAT YOU DON'T OWN!

IF you are going to use the property as a rental you'll need to get a license, pay the Cities Business privilege tax, HAVE FUN dealing with L+I and don't forget to get the skinny on the increase in property taxes that has been going on due to reassessment.  

Put a little skinny in there for yourself.

But $100 in net profit/unit is a pretty skinny margin in my book. 

Instead of a round table go long and skinny with benches on either side and chairs (something that would feel light and airy) on either end.

Buying 90-95 LTV is ok for your first deal or if plan to live there but dont do that if its only making $50 a month, way too skinny and can easily go negative if taxes go up, etc.

You look at true expenses and skinny down what you can. 

We do them all the time - that is "flip" paper - I never really called it that - use paper to write an offer, paper to assign my contract.They may mean mortgage notes - you control a note for one price and flip the paper (note) for a higher price.I have been working with people just starting all the time - for about 36 yearsIt is sad to hear some of their stories, horror stories of how much money they spend with a so called mentor.Mattie came to me after dropping $30,000 to a fly by night mentor (they are still around today - if I said their name - you'd know who they are) and get rich programWe were able to get her $22,000 of that backWe had her call her phone mentor to ask question - he was on the phone goggling for the answersWe helped her write a letter that would have exposed them as frauds - to report them to every AG in the US, radio stations where they advertise, BBB and every real estate site on the internet.They could not answer basic real estate questionsWhat's a hybrid offer - how do I write one Should I use banking days or calendar daysCan I build in to my offer an automatic extension - what would the clause sayWhy would I use a "delayed settlement date"How do I get right of possession - how is the clause wordedWhat are "check funds" (one of the most important thing to know when getting started)How do I make the shift from "I want to buy your house" to NO I want to flip it, wholesale it or recycle it for a profitWhen buying, should I keep it in or take this clause out "Time is of the essence"What is the proper assignment language to use in my offerWhat is a "second stage negotiation"How do I make a "Trial Offer" on the phone and whyWhat should I do if the sellers says, "Make me an offer"I have no credit or money, how do I answer when the seller wants to know if I am pre-qualified for a loanWhat is the benefit of a "skinny contract" offerWhat is the only out clause I need to put in my offerSo many ambitious and good people have been taken advantage of daily by these traveling Con-men.Before you buy another course - ask - How many properties do you own - whereAre you licensed, bonded, insuredGet references of past men-tees - don't believe their Power PointLook at their financial statement - search their name on the internetDo lots of research before you spent