With the purchase price, rehab and total holding and closing costs, the total project cost is at $317,064, down to 66% of the ARV.

Now those posts, again as far as I can tell, are OK.As far as projecting returns or guaranteeing returns, I can't see where anything has changed.

Your credit rating doesn't come into play at all in this scenario and you don't need a secondary loan from the bank.With any business dealing, especially one with family, you should consider and discuss with the parties involved what happens if things don't work out as well as projected.

Hello fellow members,I am fortunate to have family and friends that want to invest in my future rehab projects here in OC.

You're projecting $30k/yr income on a $255k purchase price, which is about 12% cap rate.

We have a new project and I thought his bid was high.

Again, discussing what your particular market is doing is key.Capital is out there and as we are heading into the 2nd half of the year, Investors will be more willing to assist with Projects if you are seeking Equity Partners.

It's always best to consult a professional engineer before starting any structural repair project.

I know I can't wait to get my hands dirty on my next project!

Can't wait to get started on my next project.