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

This 'Principal', leading position provides numerousopportunities and profit points8.

While in all cases, in every state before all judges, an LLC may not provide the protection of a non-profit 501(c)3 corporation with 14 members on the board of directors, it's always better than having your personal name on the line without anything at all.

Maybe you could give us a hand on this deal we have a home locked up with PA and a profit spread of 60,000-70,000 and now we need to sell in the next 30 days.

It isn't the biggest payday but you still get to profit from finding the deal.Use a hard money loan to buy and fix and then get a conventional loan when you are done to payback the hard money loan.