And that didn't even consider my own labor rate for myself.Been there also...our first project, we netted $3400 in 2.5 years (flip that turned into a lease option that ended in a flip :)...I like to talk about the fact that I screwed up every phase -- paid too much, went over budget on rehab, underestimated holding costs and then sold for less than the ARV I projected.

I'm getting my best rates with them after getting screwed by Foremost and AutoOwners.

You can also arrange for funds to transfer between dash accounts, like screwing up writing a check for too much, that may have additional fees as overdraft protection.

They're all "too busy" with summer rush and my stuff is "too small" to bother with (even if a pay them a kazillion dollars to screw in a doorstop and install a new light, apparently).

On many occasions, underwriters are personally on the hook for the underwriting decisions they make (the lender has personal recourse against the underwriter if the underwriter screws up).

Not sure why so many agents are screwing up on this.

The sellers who engage in seller financing are either sophisticated sellers who try to screw the investor or home owners who do not understand how seller financing works and probably want straight up cash. 10-20% seller financing is probably doable with most sellers but I am having doubts whether doing seller financing for 80%+ of value is a good idea.

Hiring friends and getting shafted.I have several GCs that have begged to bring me on board as a PM but that is not my goal.So anyway- nobody is getting screwed here.

Is the only issue trust, and getting your money right then and there vs waiting for the buyer to pay you (or not potentially not pay you if he tries to screw you.)

My first business partner tried to screw me over.