You would have to work out the math to see if paying the points and higher interest rate on the HML would be worth it of course, but if the value is there and makes sense from an overall profit standpoint, a HML could be useful to buy it quickly with the aim to Re-Fi it out as quickly as possible.  

You could flip that and make a tidy profit, but you'd be hard pressed to turn that into a profitable rental.

Get a good CPA because they can give you the best advice to maximize your profit.

@Ramon Flores The $200 a month is not profit.

I am partnering with someone and wanting to know what is a fair way to handle the split of profits.

When you subtract reported income from expenses there is only 3k profit per year.

Hi, I am trying to wholesale a deal that is listed on the MLS from an agent and if I were to wholesale this deal there would still be a lot of room and profit for a rehab to take place. 

REHAB it to make it profitable or increase its revenue, you can't RENT a small business, so that would be omitted.

When it comes to the profit structure for a syndication consisting of a sponsor, general partner, and limited partners, typical splits are 30/70 SP/LP and then increasing the sponsor's split under a waterfall. 

Decided that we could make as much profit by flipping without the rehab.