We have ample capital, and plan to take a substantial "first loss" position in all properties, bearing losses to cushion the lenders.Also, when you say 65% of "purchase+rehab", for a reseller like yourselves, are you talking about MemphisInvest's cost, or are you talking about the higher purchase price of your ultimate buyer, reflecting MemphisInvest's reasoanble profit margin on the re-sell?

I will often go back and forth, do quarterly Profit & Loss reviews, and reviews during tax time to let the clients know how the filing on their returns will affect their financial plans and qualification going forward.

Even if something changes between the time of the accepted PA and the closing, it won't make a drastic change on my profit.

He could also lend to your LLC or place equity in your company.You can also have a lawyer draw up a profits sharing agreement and use a Deed of Trust.

I don't know about other parts of the country, but in San Diego county, it's getting really tough to find deals with a decent profit margin.

All S-Corp profits flow through to the owners of the company and onto their 1040s (line 17).

Here's an example...Home as an ARV of $300,000I place home under contract for $165,000Place it on the wholesaling market for $175,000.Profit potential of $100,000+My assignment fee = $10,000Am I missing anything?

Repair costs are estimated at $10,000, so profit would be $44,500.

It ended up saving a 10k profit, so it was completely worth it.

Houses in my neighborhood are just not selling for the price I can afford to sell at.I want to get a lower percentage of 4% if possible to make renting it more profitable but if I do manage to sell the place I don't want to lose money on the refinance.I am checking out the internet but I feel I can't find a site that will educate me without them wanting my personal information or me feeling like I might be falling into a scam site.Any direction would be great, thanks