This 'Principal', leading position provides numerousopportunities and profit points8.

While in all cases, in every state before all judges, an LLC may not provide the protection of a non-profit 501(c)3 corporation with 14 members on the board of directors, it's always better than having your personal name on the line without anything at all.

Maybe you could give us a hand on this deal we have a home locked up with PA and a profit spread of 60,000-70,000 and now we need to sell in the next 30 days.

It isn't the biggest payday but you still get to profit from finding the deal.Use a hard money loan to buy and fix and then get a conventional loan when you are done to payback the hard money loan.

Do you want to be a landlord or do you just want to flip the properties and make the profit.

if you bought and flip it so quickly,you've paid the lenders, then that couldn't be such a great profit. or unless u know that,right?

While I tend to agree with your analysis I think you have missed out on one very important detail:A (traditional) mortgage is a forced savings plan.Yes it is true that he is earning profit / building equity each month (so long as rents exceed actual expenses).

Now say a profited 1mil because I sold all the condos in my 1 property.

Give it 5 years and you should make a decent profit.

Do they have deals with enough spread that rehabbers can actually make a good profit?