Then BANG, I call my partner, and he just starts putting things in the negative state..

But, as Bryan pointed out, it's starting to feel like you just want to argue about this -- and I only participate in pointless arguments on the Politics forum -- so I'm done here...

Obviously, properties with negative equity aren't going to work for the wholesale flip business model.

Put that theory into action and let go of all that negative thinking.

if you can't sell it for a year, when you do and add in your negative cashflow + repairs + 2k flipping penalty = pretty good loss if you get stuck with it for awhile, and about break-even if you don't (not including possible vacancy or major repairs).

Here is what I look at - it's the only way that makes sense.Does the property provide a positive cash flow or a negative cash flow.

investors who bought a year and 2 ago are facing either foreclosure, HUGE negative cash flow, or cancelling contracts and forfeiting their 20% deposits.

I'm hoping to join a club to learn about REI, and help where I can, i only know from what i read, which isnt a lot since i dont have actual experience.Whats the usual spiff at the meets?

I have spoken to 2 other landlords; they both told me that when they started they had negative cash flow and raised the rents over time until they flowed.

How would my investment be secured (am I on title, am I a limited partner, am I just a note payable)?