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thanks for the info, much appreciated. I'll get working on updating my profile as well

any investors here in Birmingham or central Alabama?

Ok I just put a house under contract for 30K and ARV is about 80K with repairs running around 20K. I may try and assign to another investor for 3 or 4K but i would really like to rehab this one and make some huge profits as i work in the construction field and can do alot of the work myself. My problem is after a divorce and some medical bills my credit has taken a big hit arond the 540 mark (ouch) is there a way i can get a bank or any other place to finance this deal for me so i can get my credit situation straight and not have to worry so much next time? Any info would help, thanks

Brad

thanks guys, I appreciate the advice and am going to focuse on the volume.

Ok guys, being totally new to this and just jumping in I have put a house under contract. I want to know if you think this is a good deal. I found a house a few miles from where I live, nice community. Its vacant, needs 10-15K for repairs ARV estimated at 80K and I put under contract for 30K. I havent got an investor yet ( I know, not good) but needed to get him to sign before its scooped up by another investor. I really think this house could go for 40-50K. My question is do you think I should just try and assign this to an investor for 2 or 3K or be more agressive and try and get 10 or 15K on the deal? Any help would be greatly appreciated, thanks

Brad

Hi guys, i'm a newbie to this and have a potential deal and was wondering how a double close works if i choose to do this over just assigning the contract, I have a house that i am set to sign on that is 30,000 and if I sell for say 50,000 and do a double close would I have to come up with the 30,000 to do the other deal or is there a way around it so that I don't have to come up with the money because as it stands I don't think i'll be abel to but I think there is alot of potential to sell this property for more than just a 3 or 5,000 assignment fee, any help would be greatly appreciated, thanks

Brad