He was like "wow" but because I was selling it at an amazing discount he obviously didn't care.This is my first deal and I'm gonna make 3/4 of my total income from last year!

Total is $37.

One guy was a total dickbag and I was hoping we might carry it out into the parking lot and go bare knuckles.

I totally believe that taking the right actions can position you for success.

Any more than that and you're taking a big risk.Now, if its worth $200K and you're lending $140K, and the borrower is paying $120K and it needs $30K in work and there are $3K in closing costs, the buyers needs a total of $153K to close

Everyone is scared to sell in less than two tax periods and that's the sum total of the advise given.

Definitely happens when the lot size is large and potentially is a significant part of the total value.dormantYour income is fine.

If the ARV is $50k (70%), I would not consider this a good deal as the total profit margin before taxes and with NO mistakes is only $15k.What if the rehab ended up at $15k, no buyers made offers for 2 months, and you had to lower ask price to $45k.

I get $700 total, and the mortgage difference is $1,100.

If you want to maximize your total profits find more deals and sub out the work.John Corey