I have 2 exit strategies…1st is Buy and Hold, and 2nd is to Flip.

$500K (5 Homes ARV) $250K (5 Homes w/Existing Financing) $250K (Sweat Equity) $75K (5 Homes @ $15K each - Out of Pocket Investment) $175K (Gain) $233.33% (Gain) With $25K (Still in your pocket) Not to mention rental income and/or in conjunction with refinance (cash out) or another exit (refinanced or not) Sell Above Retail, with an increase of 20% (for future market appreciation - may vary location to location) proving a purchase price of $120K with a balloon in three to five years (with average of 20% down from potential buyer) - Which could place back in your pocket an immediate $120K for investing in additional real estate while still earning profit per month on notes you hold on all five (5) properties up to three to five years.

So i have a deal under contract that we will potentially wholesale but if not we are going to rehab it and would like to plan to have multiple exit strategies.

From experience, I like to always have 2 decent exit plans in case something happens that I didn't foresee when I entered into a deal.

Starting off with people you know is step one, then meeting new people and then talking to them.What you should present to them is a history of previous deals, how their money is secured, cover all the "what if's", including the worst case scenarios, develop rules for your business, i.e. never place a lender in an LTV greater than X% and then follow those rules, explaining to the lender that these rules were put in place for their protection and security of their funds.Acquisition strategies, your team, and your exit strategy (along with alternate exit strategies) should also be covered.

Your decision of whether or not to buy would depend completely on the evaluation numbers and your exit strategy.

The spread between the debt and the cap rate will affect your returns and also the term of the loan will affect the exit strategy of the property.

Raising Current Cash Flow to maximize current split by deferring maintenance but harming the long term value of the building.4) Multiple Exit Strategy- If you can't buy your JV partner out in 3 years, what's your plan B & C.5) Buy Sell agreements- If something happens to either of you (illness, incapacity, divorce, death) make sure there are provisions to buy out each others interest ahead of time.

My worker tells me that someone dressed as a telephone repair man knocked on the front door, when the tenant answered the front door, a swam of about 5 police exited an unmarked van parked just down the street, entered and searched the house.

Once rented and stablized you can then ride out the market and exit in 5 to 10 years back as condos.