When markets and rates move against you and then your rehab is longer and not quite to quality then the 25% profit margin leads to a -25% loss real fast.I have personally redefined what a good project is. 

That way you get some personality in the space without driving yourself crazy coordinating freight and piecemeal deliveries.

I was only looking for clarity on what was meant, (not trying to redefine your version).Oh, and your comment:  "REO means it is owned free and clear."

Why we do what we do would redefine.

Example Plywood is the same price as the US, but add on Freight and about 50% import tariff. 

Maybe you should redefine your aspirations.

I work for a freight brokerage in the logistics industry. 

Let me tell you, real estate syndication is the investment world's ultimate underdog story. It's like the Rocky Balboa of finance, empowering people with limited capital to step into the ring with lucrative deals and ...

Witnessing that change in the BP forums, I'm here to stand in front of the freight train.Obtaining a Wisconsin loan solicitor license in 1997, I've been living in Colorado since 1999.

Quote from @Ron BradyYou are probably right because modern society has a penchant for redefining words.