After I refinanced the house I walked away with 5k in my pocket and $0 left in the deal.

you find the deal, present the offer and close.Finally, remember the additional benefit  of sub-2, like cash is a quick close.

We got $50 per month as well on our deal

I need advice or assistance on how I should go about this Bundle Deal of distressed properties I just came across.The bundle includes 13 properties (all single-family) that all add up to $407,150 and all but possibly 2 are not in shape to be rented out and would need rehab done to it.

I'm sorry this is the first time I have had to school someone on BP , everyone else has shown nothing but respect for their fellow human..I hope your parents are married and your mother, sister, friend ..

You may want to branch out and start looking for private lenders to help fund your deals. 

What made you interested in investing in this type of deal?

I want to buy the property on terms and demo, build a new house.I want to structure an owner finance deal with him where I either pay him interest only on the lot or no payments for 18 months (or until the new house completes and sells whichever is earlier). 

Hi ALL,Just reaching out to see if you can give me some insights on Charlotte Michigan, Small City close to Lansing MI (21 Mil), I'm researching a Multifamily building, My concern is that there is 9,000 plus population only, I see articles that show is a good rental market, but it will be grate if anyone that knows the area can have some feedback as far is Schools, Crime rate, Economy and so on.As always, thank you guys, have a great day!!!!

A n00b contacted me about the numerous "great deals" he was seeing FSBOs offering on their condos throughout Florida.