So in a perfect world I would...Buy it for $950K (max)Immediately wholesale it for $1.05 million ($100K profit)New buyer can put $150K into it and sell it easy for $1.4 million.

This is how they are being taught and then doing deals without proper due diligence or exit strategy.Ive sat back and watched investors who are presenting themselves as experts bringing money (JV partners) into a deal and buying notes in Illinois.

When it's time to deal with an attorney I will certainly seek the proper channels and move forward accordingly.

Here are the numbers: purchase price- 400000ARV-535000Repairs- 25000-35000And that’s if we sub the work out, we can do it ourselves easy, very cosmeticHere’s where we’ve got with the financing.

@Chris Seveney  @Mindy Jensen    Mindy can you run this up the flag pole at world headquarters.can you guys develop an easy PV  for note investors .. a simple to use calc. to help these folks who are trying to determine what to pay for a certain yield in the note space.. ??? 

Unfortunately, there is no easy answer to this question. 

Nashville proper does not have the numbers I am looking for.

If the numbers are good, it seems to me this is too easy.

Money is easy.

Turned out to be an easy inexpensive job, 4 hours and a $1000 later I had the place structurally sound.