I'm creating this Forum Post as a reference point for newer investors, like myself, who are seeking to learn more about the different books and podcasts that have dramatically impacted your life as a Real Estate Investor!

This seemed like an easy process at first, but now I am concerned about the best way to go about this without violating my current loan, a future equity option, and potentially putting this plan in jeopardy.I would like some advice on the best way to strategically go about this process.  

Based on references, pictures and feedback of others; where does the quality of their work stand? 

Would love to hear more professional input Jay Hinrichs unfortunately there is also the mindset on BP  that find the deal first money will be easy..well that could be true for a no money wholesaler making their spiff.. but for someone wanting to actually go into the industry you need money first deal second.. deals are like street cars there is always another one..

So in a perfect world I would...Buy it for $950K (max)Immediately wholesale it for $1.05 million ($100K profit)New buyer can put $150K into it and sell it easy for $1.4 million.

Notes are a bit different from house flippers because there are no easy way to get loans.

@Mark Roberts - You're referring to the "2 of the last 5" rule, which you seem to understand correctly.

Here are the numbers: purchase price- 400000ARV-535000Repairs- 25000-35000And that’s if we sub the work out, we can do it ourselves easy, very cosmeticHere’s where we’ve got with the financing.

@Chris Seveney  @Mindy Jensen    Mindy can you run this up the flag pole at world headquarters.can you guys develop an easy PV  for note investors .. a simple to use calc. to help these folks who are trying to determine what to pay for a certain yield in the note space.. ??? 

Unfortunately, there is no easy answer to this question.