I have been wholesaling for a while now and I'm about to enter the Charlotte , NC market to wholesale and purchase fix and flips because its a much larger spread to be made there then here in Detroit , However if anyone out there can suggest a few areas or zip codes to wholesale /or fix and flip in or to stay away from altogether , i would greatly appreciate the advice thanks in advance!

This is spreading me pretty thin.

One additional word of advice is to not spread your capital around to 20 different managers.

If there was another strategy/calculation then the principle could be significantly reduced by the time the balloon payment is due; such as paying 5% interest on the principle for the entire 3 years ($320,000 x 5% = $16,000) and spreading that interest over the 36 months ($444.44 per month), which reduces the principle significantly more by the time the balloon payment is due.

If they value you as a potential partner and they have nothing to hide, it shouldn’t be a problem.One additional word of advice is to not spread your capital around to 20 different managers.

However with the market in Southern California being hot with rehab and construction I am having a hard time getting them in a timely manner, just because they are busy with projects I already have and they can't spread themselves thin or other projects.I am wondering how people go about finding contractors in their area?

However with the market in Southern California being hot with rehab and construction I am having a hard time getting them in a timely manner, just because they are busy with projects I already have and they can't spread themselves thin or other projects.I am wondering how people go about finding contractors in their area?

There is not much spread between a gutted REO and a well kept retail unit. 

Yes Vancovuer is high buy-in that is certainly the main reason why we have a couple partners in on each deal to spread the investment amounts.

Would it reduce GCT or just spread it out?