Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs,  commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?

So yes, more like a subject to where I am just picking up his payment.I have already househacked a rental I still hold, so worst-case scenario I would pull a line of credit or bring in an equity partner if more capital was needed. 

New construction homes are typically around 600k here and picked up maybe 25% in the same time.

Research styles and come up with a game plan for paint, stain and furniture. 

I was hoping to pick some brains.I have a client who is a partner with two others in a commercial building.

If STR's are popular in the market you are in likely there is a designer who will pick out and set up your entire place.3 - Go yourself. 

I will reach out to you and we can pick it up from there.

If the HVAC goes out the warranty will pick up the repair and/or replacement.

Would be a great option as you are about to close on the next project or pick a new one up. 

👀 I feel like there’s always something new to pick up.