How would that work when my buyer excercises the buy...would it be a double close?..

Either way, I do not know of any area in the country appreciating at double digit per increments these days. $80k to $90k is well over 10%, which is where my question stemmed from.

...Besides the fact that unless you plan on double closing, 3 months isn't that long to buy, rehab, list, and resell a place.

Your cash will be returned to you within two years at a double digit return.

I'm investing in a 4 family property for 430k and flipping (double closing) the property for 525k leaving me with 75k spread after closing cost. however, my buyer is purchasing with financing\ rather than cash.Do you still get paid if the seller is offering financing?

This way the GC can easily bid out each part of the job, and get me a bid much more quickly than if he has to consolidate based on my "room to room" list of things to do.I'll then have my GC give me a labor bid broken down into the following components:- Permits- Demo/Dumpster- Foundation- Roof Framing- Roof Felt/Shingles- Siding- Gutters/Soffits/Fascia- Decks/Porches- Landscaping- Doors- Windows- Wall Framing/Sheetrock- Electrical Rough- Electrical Final- Plumbing Rough- Plumbing Final- HVAC Rough- HVAC Final- Kitchen Cabinets/Countertops- Bathroom Cabinets- Bathroom Fixtures- Interior Paint- Exterior Paint- Carpet- Hardwood- Tile- Vinyl- OtherOther could consist of anything from install mini-blinds to replacing outlet covers to installing appliances.This generally gives me (and the GC) enough detail that the job can be accurately estimated, and if things change (or surprises are found), we can adjust individual areas accordingly.This also gives me a good idea how much each of his subs will be making, allowing me to figure out what his profit margins will be -- giving me some negotiating help if needed.If your contractors have an issue with filling this out, try telling them, "My lender is requiring me to break it down this way in order to approve the loan."

Their reasoning was that if I used mine, then there would be double the work, because they still had to run it through theirs, in the long run it worked out fine.

Here are the details which we know of at this point... 48 unit complex (44 2 bedrooms, 4 1 bedrooms) in good condition with all new roofs and windows, and seperate heat and a/c in each unit.

All units have separate electrical and gas meters. 1st floor - 1 bedroom 2nd floor - 2, 1-bedrooms (can be turned into a 3 bedroom w/2 bath) 3d floor - 2-bedroom.It's a bank foreclosure that's on the market for $349K.

In 3 years I'm sure I could double my money.I just want to bring in a bit of income in the interim.