If there is a more realistic figure, by all means, correct me if I'm wrong.)ARV on a home is $100,000$100,000 * .65 (65% rule) = $65,000$65,000 - $3,000 potential wholesaler fee = $62,000$62,000 - $20,000 in potential repairs = $42,000$42,000 - $4,000 in potential holding costs = $39,000 MAOPotential gross profits $61,000/2=$30,500 for myself and contractorI know this is full of holes and may not even be in the right universe as an actual breakdown. 

I am a graduate from Arizona State University with a BS in Criminal Justice and Criminology.  

I just wanted to see what experienced property investors think about my current situation and what would be the best way to start.Just a bit of background....I'm 20 years old, based in England (so processes may be slightly different), went to University and dropped out after 1 year because I wanted to start a business.

I just wanted to see what experienced property investors think about my current situation and what would be the best way to start.Just a bit of background....I'm 20 years old, based in England (so processes may be slightly different), went to University and dropped out after 1 year because I wanted to start a business.

@Jay Hinrichs, Well, hard money loans are a part of the crowdfunding universe, but certainly not the only option, nor even the most prevalent.

I currently attend The University of Southern Mississippi and will graduate in May.

I think we're in the minority of Non-Americans here, but much of the information here is universal.

. --- Meanwhile, I've been thinking it over and my agent now is recommending 200,000 Death benefit  Universal Life which would be a whopping $100 a month.  

Now I am a licensed NYS real estate agent as of June 2015 and will be graduating with a bachelors degree in International Business Management from Pace University. 

I went to Rutgers University in the early 2000's and they have done some development in that area since then.