All Forum Posts by: Adam M.

@Eric Winters Two different types of deals: 

1. Rehab - Buy deal, rehab, sell

2. Wholesale (a real flip) - Find deal, get under contract, assign contract to buyer

@Eric Winters Not sure of your cash position, but rehab and wholesale to generate cash to put into rentals has been a pretty good strategy. I know good rehab deals are very tough to find in most markets right now. 

@Dan Wickland Sounds like a typical, anti-capitalist liberal. They want to tell you how to live and how much money you should be making.

Free market capitalism is the absolute best path to prosperity AND opportunity to give abundantly.

@Aaron L. If I was a private lender, I'd want 50% of the deal on a rehab or flip. 

If it's going to be a rental, that's a different story and a little more complicated. What will be the net cash flow on the property/month? 

@Aaron Mazzrillo What kind of rates/deal structures are you getting out there for private lending?

@Bryan Dorsey I think the 2% rule is a myth unless you want to play in class D neighborhoods. 

@Solomon Ganz Makes sense. After re-reading my comment, I sounded like a smart ***! I totally didn't mean it like that. 

Have you thought about starting your own small business in the marketing space to keep money coming in? Sounds like you're an expert in that area. You can easily charge $200/hour for your skillset and take on projects you want. Heck, it might really take off! That would be a good way to jump start your RE career. 

@Solomon Ganz 15 years making $100K/yr = $1.5M. You only have a years worth of living expenses,  ~$50K left? Did I read that correctly?

@Timothy Greene The most I would pay for that deal would be around $100K. 

@Eric S. This is just another attack on capitalism by the socialists. They all want to live in the utopia socialist environment, but don't realize it has led to more destruction and death than anything else in world. Just move to one of those countries and you'll be soon running back home as fast as you can.