This quarter it is going to be at a finished rehab he did in Stoneham, I believe it is on the 10th.  

I took me a little while to finish my raise but after we got traction it went quick.

Once I finished this deal.

I'm swamped right now finishing up RE school and working but I will keep your offer in mind.

I'm almost finished with my FL real estate course (started it and in the middle found investing may be the way to go), have been reading like crazy on investing, flipping, rehabs etc and just finished a 3 day workshop.

This was definitely not the case with the house we are finishing up right now.  

The agent is bringing you a client for the finished home, not a lot purchase.  3-4% for a buyer agent is typical. 

. $867,000Construction of a 4BR 2.5BA 3,000 SF home will run $750k ($250/SF)Breakout of $750k construction is as follows:$100k - soft costs (architect, permits, etc)$400k - Contractor - shell only$200k - finishes$50k - landscapingAll in costs pre-financing $1,617,000FinancingLocal Private bank will finance 60% of as complete value ($2MM) -or- 80% of total project cost.Loan of $1.2MM at 5.5% + 1% loan fee.Financing cost over 12 months $50kRequired skin in game (down payment) - $417kPost Construction Sale $2MM(less) $1.617 Acquisition/construction costs(less) $50k financing(less) $100k sales commission @5%equals $233k pre-tax profitCash-on-Cash Return = 56%After tax profit = $150kAssuming 35% income tax / Total ROI = 36%Would you do this deal?

I think we could all sit here and speculate all day as to why the property is listed at a particular amount and still not finish. 

The house 3/1 bath and is 1060 finished and 900 sq ft unfinished 37,000 lot size. the house is pretty old and needs undating. he is asking 1.5 million.