I returned the $2,000 to my friend with an additional $200.

Buyer may have the property inspected and may declare the contract null and void, with earnest money returned to seller after 12 days from contract acceptance.

Buyer may have the property inspected and may declare the contract null and void, with earnest money returned to seller after 12 days from contract acceptance.

But when you add up the numbers it doesn't work and you barely make a return.

In a private lender world(I mean less formal, less of a business type approach more of a guy/gal with lots of cash) If you could land a deal to get the $55,000 to buy and rehab, what would be a reasonable return/terms for the private lender to do this deal?

Tell:How do I provide valueMy future goalsMy current financial info (2 years tax return, pay stub, 2-3 month back statements, outstanding loan balances)Appreciate any feedbackThank you,-Dan Monk

I'm attempting to get the seller a 50k return in the process.

I immediately asked myself, why am I only seeing on BP discussions about MF syndications.The outlook and returns seem to be very similar, and yet seemingly less risky.

You will then be set to maximise your returns.

I am in contact with the owner and he would like to sell as he lives in a different state and has no plans of returning to SC.