Just make sure that you can figure in nice profit margins for everyone involved BEFORE you bring the deal to them.

I am an investor on the real estate side, currently started studying the actual market dynamics of it all about a year ago....like it....since then have sold two new houses; w/ no liquidity....no out of pocket money, turned a profit and in about a week or two I will have a #3 on the resume.I work as a mortgage broker in alabama at Colonial Mortgage Group, LLC....turning out as many purchases and refis as my infantile marketing "savyness" will allow.

[size=16]Discover Your Passion & Turn it Into Profit[/size]We act as though comfort and luxury were the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about.Charles Kingsley A recent television ad for a large investment firm said in part, “This is what you’ve been working towards doing your whole life”.

Starting out wholesaling 1-2 deals per month with an average profit of 5k is not unreasonable at all.

I would like to borrow 60,000. with a potential of 40,000 to 50,000 profit.

So I figure I might as well get quotes for all the work I need to do and determine if I can make a good profit after that work.

Pretty sure the $1 homes are only for non-profits.

I don't know if I should just cut my losses and start selling my properties (They would actually be quite profitable if they were fully rented).

In a very ugly town. i bought 2 duplexes for around $57,000. each unit rents out for an average of $350 plus or minus $25-$50. high taxes and insurance but they still turn a profit. plus i could sell each home for $35,000.

Like what factors would make the deal good and how do you see the profit before you sign the contract