So i have a question about working with rehabbers. Im looking to wholesale REO's to rehabbers via simotaneous and double closing. They will fund my A-B transaction and the B-C. BUT WHERES MY PROFIT?
if they want 70% ...
If you are still in the rehabbing business, are you using borrowed funds or your own money or joint venture? If not your own funds, % for JV or rate you're paying for borrowed funds? After paying for borrowed funds , ...
I am looking to get into some JV deals and wanted to know how most people split their profits? I will likely fill the role of a private lender and provide the $$$ because I am overseas. The other person will do the ...
Hi my name is Kyle Mack and my wife and i recently moved into a new house for $40k under market. Well a few months back a comparable house just down the street sold for $135k more than we bought ours for. So when we h...
Example: A flipper has made $100k in profit in the calendar year 2016. In December 2016 he buys another flip and renovates using all of his $100k profits. The house doesn't sell till January 2017. Since he has $100k w...
I have a family member who might be willing to invest capital I need for leverage. While he is a family member he is treating this like a true business opportunity. I want to get creative on his ROI instead of a flat ...
On another forum, someone argued that buying just one property was a bad idea, stating that it will "drain me" and that you need multiple properties to be successful. I told him that if any one property can't be profi...
As of July 7th, I am now a homeowner! I would appreciate everyone's opinion here. I have short-term rental arbitrages and this new house will be my 10th STR. I purchased the property for what it appraised for so it ha...
Hi,
I've done some flipping and I'm now looking to buy and hold. My goal is to get to $25K/month cashflow so I can afford to donate cash and my time (as a marketer) to charities. I'm trained in buying big multi-family...
Thinking of buying vacation rental property, should I buy bow with 20% down and get the machine running with no potential profit or buy a year later and put 60% down and make profit immediately?