All other things being equal, I most prefer the seller to hold the note for the duration of the project.

As a motor-home owner, I figure I can drive my motor-home to the house I'm going to flip and park on-site until the project is over and move on to the next site.

I’m going to try and figure out a way to attach our spreadsheet which will show all of the costs associated with this project (for those interested).

Personally I would investigate various passive investments and invest only a small percentage in any one project or investment thus diversifying yourself.

There are a property or two I have found that I project a cash flow of about $500/mo.My other thought is this: I would be eliminating a nice asset I would have-the ability to get at $20k whenever I want/need it.

I think it will eventually start happening but it depends on when the money starts flowing to developers from Federal, county, city agencies to offset project costs to make it worthwhile again.

Hi Cindy,The general contractor I'm using for construction projects is awesome.

If your gonna put down $5k or $10k non-refundable as the wholesale realty companies require you need make sure the deal will fit your goals if the appraisal comes in low or the HML just brokers the deal to another HML and your OOP jumps $10k from what you projected.

How do I project numbers for the following?

Don't jump into a $200K project for your first go around.