Anything specific you looking to know or understand?

A local expert can help you shortcut this process, but ultimately you should rely on your own knowledge and not just your agent's (in case you choose the wrong agent who only sounds like they know what they're talking about.2) An agent who understands your goals: To be frank, most agents just help your everyday home buyer and seller.

As I mention in other threads this business can be trench warfare, I would take this time to understand what you are committing yourself to and prepare by building the necessary components of an operation, not tangential fluff.

I understand this will lower my credit score and as multiple lenders each get my credit score/report, I am concerned that it will heavily impact my credit score negatively.Are there strategies that you recommend to workaround this or is there a way to do this effectively without heavily impacting your credit score?

As far as I understand this is unaffected as this is an expense filed on schedule C.I’m not a cpa or tax person, but did not think that would be an issue.

Hello,please, dont go flipping anything from hard money at this time. try door knocking, calling on craigslist, zillow etc to find wholesale dealssave up money then partner with an experienced flipper/rehabber on your first flip.until then, join local groups, meet 5 ppl a day in RE, build a network, provide value to them by supplying leads to them..via wholesale or even referral understand online marketing as well...thats the future, under how technology can be l leveraged in RE.so, you need to MARKET, NETWORK, & AUTOMATEfor now, start with marketing. kill it!!!

Either we don’t understand your question or you are just asking it wrong. “30 year amortization” has a set schedule for the portion of interest verses principle in each payment.

I understand that your wife may be worried about failure, but any kind of investment comes with a chance of failure so the risks must be understood prior to jumping in and the fear must be overcome with the confidence of being successful.Since you're starting funds are $0, a HELOC can be a great tool for getting started, but ultimately you will need some kind of funds of your own because you must pay the HELOC each month during the flip.

appreciate your replies, i understand i need to know the market better, but following on to my question, how do i zero down on a market?

The idea is that, my wife can throw her little brother a bone, without....hmmm....putting us at risk.Discuss...I'm looking for all the differing strategies here, but please understand that there won't be any family favors going...it's business.Thanks team!