At first this house will be my residence, but will eventually be turned for a profit.

Not a broker or anything like that so, please don't run for the hills yet and let meexplain how we might work together.I'll look at just about any commercial property or land deal and am fortunate enough to afford it.If a bank that holds the note says the price is 500M, 500M it is and whoever leads me to it willget a piece of the profit, something like $125,000.00.

Making moneyoff of foreclosures is also a good thing.I'm going to a "hotel meetin'" tomorrow about howto profit from foreclosures...so we'll see won't we!

if situations present themselves to sell at a huge profit, that is a different story.

Why throw all or most of your profit out the window?

Looks like the wholesaler has cut the most prime$50k profit out of the heart of the deal for himself.You're the one who will be doing all the work andtaking the most risk.Think about it.

It depends upon what you buy the houses for and what you sell them for (as well as what you do with any profit).

She and I talk about investing everyday and she said "Listen next property I come across in 60k-80k range, I will finance it in my name, put both of our names on the house and we will paint, put laminate floors in and sell it in a few months and split the profits" ..She Obviously went more into detail but the only reason she is doing this is to help me get into it..

Our non profit organization provides preforeclosure sale, and preforeclosure short sale training & support to real estate agencies' brokers and brokers' agents.

ALL the profit must roll into the next property?