Ralph will be sharing secrets on how to make huge profits in the current Michigan market, along with his usual repertoire of wisdom he has attained through his illustrious real estate career.

I've looked into investing and such; just doesn't seem like the interest rates and profits are enough for me with just "investing" .. bonds and such.

Also we were looking into the theory of starting a C-Corp in addition to the LLC, possibly in Nevada or Delaware and assuming our real estate investments turn a profit we could divert some of this income towards the C-Corp as a property management fee.Any theories or experiences good or bad relating to some of this.

Everyone loses except you, because you kept money from the front end of the deal.I'm not saying that your deals will go bad, just that in my experience it can't work when the investor pays above market value for a house and tries to rent it out at a profit.

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.