In my eyes what does it matter what the seller makes if your profit is above $60k+ how could you complain.

I use QuickBooks Online and can produce that and many other reports at a moment’s notice (second important one is profit and loss).

Net profit after commissions and transfer tax will be $55,693, or 82% ROI.

The family got money in their pocket, we made a nice profit, the wholesale company made a nice profit and the end buyer got a new project to flip.

Newbie here too, I dove headfirst into my first multifamily in Rock Hill SC at the start of this year (8 units) it's definitely been a learning experience but it can sometimes take up so much time I'm leaning toward sacrificing some profit to get a property management co to handle it :)

The common formula for real estate investing is:Determine the fair market value.Subtract repair costs.Determine the profit you desire.Most properties should be acquired at 50% to 70% of the homes fair market value.Large venture real estate firms like Opendoor will buy your house for approximately 90% of the market value.

All of my lenders said that it was the profit the bank makes and they don’t know why it’s in there or the history behind it.

You can do a lot of things but you do not want to be busy... you want to be profitable.

That's actually pretty significant.. in a lot of cases it's around a 20% hit to profit per door for most landlords.. 

You need to flip regularly, using the seed money over and over, and spending the profits (only) on your cash flow properties.As much as it might seem crazy, I would sell your CF properties for the profit and keep flipping until you can buy rentals with your profits.