Will we be saying goodbye to our profit?

If the company complete the process of review in a positive way and is being announced that the landowner doesn't have enough money to pay for construction, then they look for lenders who can agree with the profitability of the project.

@Kevin JohnsonPut simply; Pros - They’re experienced and it frees up your time to focus on future deals.

I can see it both ways but tend to lean toward Nathan simply because you can't evict for non-payment of rent which is usually easier than evicting for a lease violation or breach of contract in this case. 

My realtor mentioned that once they clear that number the leftover money may go back into my principal but he wasn’t sure and my loan originator told me she was also unsure but she did say that banks can’t profit from a short sale.

., we do the renovations and once the property is sold the profit would be split 50-50.

In analyzing my numbers I’ve even tried to settle for a minimum profit just so I can get in the game and gain some experience.

He is simply amazing!

Pick properties that need medium to minor work at first then work yourself up to larger and potentially more profitable ones.

Ideally real estate agents with experience looking for BRRRR properties in central OKC would be preferable since that is the strategy that I plan on using to grow my portfolio.I am extremely excited to create a long lasting relationship and hope to eventually make it profitable for all parties!