I need some to the point info

[William MacBride]

I'm trying to zero in on the following:

1. Just a kind of list and brief explanation of the main types of real estate flips you can do without involving much or any of your own money. If somebody would like to just list these with explanations it'd be great. Or if they could tell me where the best web source of bried, to the point, list-like info on that would be.

2. The above necessarily implies I'm going to have to know about and have all the documents to effect the transaction. Is there somewhere (online or elsewhere) I can find a brief list of documents necessary in various types of transactions?

3. I'm wondering if certain documents have to be drawn up by an attorney or can they be just home made? What's the key governing principle about what documents you can use in real estate transactions and does a lawyer have to be involved in some or all cases? Does any "written agreement" that both people sign (purchase agreement, flex option agreement, lease option agreement, note-in-mortgage agreement, etc. etc. etc.) stand up in court? I need a generalized clarification of this.

4. And finally what do you RECOMMEND as a good first deal type for somebody who wants to get into the game without much money to plunk down. i.e. just to get get some cash flow and familiarity going?

Thanks a lot,
Will MacBride