Thank you for your recommendation

I mainly invest in my local area that I know the market very well. I also only invest in smaller projects so I can flip it quickly to avoid more exposure to possible loss.

I usually buy at below 70% of the market, fix it to the top of the line, and then sell it on the MLS. By this time, I have made very decent profit on each transaction.

When I get a private loan, we have to sign the agreement at a public notary with very detailed items on how and when the fund should be returned, what the lender can do to recover his/her loss with my commission or properties.

所有跟帖： 

• 在湾区有人做类似的生意。借private loan买房子，然后flip. -东门庆- ♂ (484 bytes) () 08/30/2010 postreply 10:15:19

• 我一般要有50%毛利才出手,最后净利润在30%. -va_landlord- ♂ (0 bytes) () 08/30/2010 postreply 10:28:27

• 回复：我一般要有50%毛利才出手,最后净利润在30%. -上网看看-马里兰- ♀ (134 bytes) () 08/30/2010 postreply 18:48:18