Together we''ll make nice homes and profits.

Next thing you know your reinvesting those winfall profits into small apartment buildings which you're buying for little to nothing down.

If you can get a great offer with $40K of profit then just partner up with another wholesaler (such as the people on this board).

Take a look at these lending rates: US 6.04%, New Zealand 8.7%, Dubai 9.02%, UK 6.4%, Australia 7.33% and Japan 1.92% The Bank of Japan (Similar to the US Federal Reserve) lends money to banks at around the .5% mark, the lending bank places 1% to 1.5% on top of that for their own profit for the risk of lending it to you.

Can anyone tell me how they got around past credit issues with building new construction- the deal has about 500k in profit on my end. the builder owns the lots free and clear and willing to split profit of 1 million.

That's because you want to have enough profit margin to make the deal and risk worthwhile, as well as have enough equity for quick exit strategies, such as selling the property for 85% of its value to move it quick in an emergency.Your payments will largely depend upon the price you pay, your credit and the interest rate you're able to receive, the taxes for that specific area and how much your insurance costs.

I know these properties once Rehabed, will bring lots of profit.

Getting started being a bird dog is the best way to get your feet wet, and can be profitable if you build it into a system.

And actually would have come out pretty good (probably about $15k to $20k profit).

ok cool I love my mom and my parents - and since my mom is a real estate agent I didnt want to work with her as personal feeling or other things might get in between my ideas and purchases, so anywaysmy mom was explaining to me that since I am renting now I should be buying a house with a multi family and rent the upstairs floor, this will save me lots of money, this makes sense, since I do still work and do real estate investing on the weekendsbut I am still within my lease and can not get out (I can just lose my deposit and pay another fee) I was thinkin of gettin a multi family and renting both out with a pretty good ROI - this will profit me some money in my pocket though it will not be big atleast there is still cash in my pocket.What do you think I should do find a property and live in it and lose my deposit or stayin renting until the lease is up and currently get a investment property?