Typically what I do, and I don’t do flips unless the deal is phenomenal, is as follows:1.Establish the after repair value through market research. *** Utilize 80% of the ARV in your calculations.2.Establish Days on Market through market research.3.From that – subtract repair costs4.From that – subtract finance charges5.From that – subtract holding costs6.From that – subtract RE commissionsWhat is left with is what I can pay.

Similar in fashion to mutual funds versus hedge funds.Also, REITs tend to be more liquid, whereas PERE typically require you to park your money with them for a period of time, often 10 years.Here's a few links which may be helpful:http://en.wikipedia.org/wiki/Private_equity_real_estatehttp://www.wallstreetoasis.com/forums/real-estate-pe-vs-reithttp://www.cpexecutive.com/newsletters/capitalmarkets-newsletter/reitscolumn/reits-versus-real-estate-private-equity-funds-who-wins/Damon

What is the *typical* arrangement or agreement in this case?

So If someone can walk me through the steps of how typically working with a bank is done.

At the end, I am doing all this for something bigger than money; I grew up in a typical "rick dad, poor dad" family where they give you education and that's it.

A few posts came very close to answering my question (or maybe they did and I can't quite wrap my head around it).On a typical Private money loan, what is typically used for an amortization schedule?

Bill, check those dirt calc.s.A typical triaxle straight frame dump truck is 18 cy's, loose dirt, to meet weight restrictions.

You posted no details other than an 8% return from holding RE and claim t is lower risk than my suggestion through your arguments.I never stated that the higher returns were derived from or promised by "prophets".While I agree that typically, higher returns usually come with higher risk, a smart investor can achieve both double digit annual returns and low risk via note/trust deed investing.I also agree that understanding risks is important as they relate to returns.

The work stuff I might do during the day:- Answer emails as they come in- Answer phone calls from my project managers or agents- Visit properties I'm considering buying- Meetings (meaning lunch or visiting projects) with other investors I work with- Etc...There is no typical day.

If you do all your rate shopping within a short period of time (i.e. 30 days or less), it typically won't hurt your credit anymore than a single inquiry.