My IRA monies have been invested in a real estate project.

I also have $2 million dollars of liability protection.Knowing that is not the norm and I can get better tax breaks, I have started an Inc. and all recent purchases are there including my rehab projects.

Most of my wholesale buyers, buy for rentals.We did a very similar project with a SFH and duplex on the same lot, wholesaled it and it was one of our most profitable deals.

He's doing all the labor and managing the project.

If we were to look at their projected profit I bet you they are going for everything on the table including the crumbs. and in their greedy state bemoan that 6% of the banks money is not going into their pocket.

I was wondering...How many out there are making a living from flipping properties or are you doing it as a part time gig while holding another job.How many projects do you have going at once?

Next, I projected the March 2009 numbers for the income and expenses over a total of 12 months, and I combinedthose changes with the reduction in the vacancies and collections from Scenario B.

You must keep us posted on your next project.

If I sold the house CFD I might be able to get $5000 down to help finance my next project.

Projecting a 6 figure cash flow annually, I decided to take a more aggressive approach into the investment world.