An agent can wholesale properties too but they have so many different avenues to generate money.

Here's the situation:Purchase price: 2MRepairs: 90kARV: 2.5 to 2.7M (checks out)Profit: 250-350kI have lenders that will provide up to 85% leverage.

However, I’d like to think I could make $50-$100/m profit somehow.

View report*This link comes directly from our calculators, based on information input by the member who posted.I had to have done something wrong. First time using a calculator, can I get some advice please?

Some people suggest buying a home, rehabbing it, selling, and reinvest the profit.

That is why you may have to do two closings and budget for both of them in an attempt to not let the seller that you are making a profit on what you are doing.In this economy Fix and Flip may be the best way to go including the borrowers that are willing to finance your repairs or rehab or to purchase multiple unit houses with a loan that the FHA will provide you with a low down payment but it is only made to an owner-occupant for regularly 12 months and you get to keep that same loan if you even when you choose to move away.Another thing to consider is to buy apartment complexes and take the advantage of positive clash flow and using a cap rate to increase your value on add-on properties and raising the rent. 

or figure something out creatively2nd house Arv 160,000 built-in 2004 no updates purchased for 114,000. they're wanting full price 162,000. rent 1000, I'm thinking to offer 85,290.25 because that leaves room for a nice profit for my buyer and renovations and their closing costs.This seller is also asking 55000 for another home he owns but the arv is 30,000 because of the area which he purchased around the same time.

I am a newbie but am interested in investing in my own place, which maybe I can later rent or profit from it.

part of this has to do with the building cycle but I think part has to do with it takes a about a generation for people to forget the last crash.

Hey, What are the newest technology are you using to generate seller leads ??