Based on the NOI, I would still be able to pay back the hard money at a 15% rate in 2 years as I already did the math, and still end up with a decent profit.

Every dollar you put into that house is coming out of your profit.

Is there room in your projected profit for this.

Meaning, you lock in your profit with your purchase price.

When a sandwich LO is conducted, what is the safest way for me to collect my up front fee and monthly profit and possible end sale profit?

If the house had sold in 2011, I realize the taxes due on the profit of the sale would have been due.

Two I will be able to sale for a quick profit except one.

We've had borrowers walk away from the closing table after paying the fee because someone dumped a listing in the same neighborhood as the property the day before and the borrower thought there was no profit in the deal so he walked.

Mike - If you are doing a rehab, with the intent to sell for a profit ONE property will make you a "dealer."

This they showed through various slides, how they tied up the properties and flipped them for nice tidy profit (mid to high 5 figures).