on top of that, since this lady is broke, how can I make a profit off this deal?

We did find other Mortgage companies that had no problem, but they chose to cancel.I read that as long as the net profit does not exceed 20%, then there should be no problem.

An NPO LOB focused on community improvement.Donate your profits to the NPO.

Now, any period of rental use after Dec 31, 2008 is a period of non-qualified use and the portion of your sale profit allocated to the period of non-qualified use is not eligible for the capital gain exclusion.

I am supposed to be receiving the current profit-loss today on two properties.

When you have another company playing the middle-man in the transaction, they are going to take some/much/all of the profit for themselves and pass the rest (if any) on to you.

Then, you could pay yourself a "salary" for management, and take the rest of the profits as dividends.

If your wholesaling the property, reduce the MAO for your profit.

I would really look into how you can make a profit from these homes before buying one.

Didn't lose $$$ but made almost no profit.