If you get the hard money at 10% down, you have to formulate an exit strategy.

I flew down, met some local contractors, formulated a rehab plan and put the crew to work.

If possible, I highly recommend all the siblings have a direct conversation on what outcome would be best for each of you and then work on formulating a plan of action to get the best results for all of you.  

If you do not have a long term investment strategy, I recommend that you put some serious thought into it, formulate a plan and then stick to it. 

My next step would be to get the property under-contract which I'm currently waiting upon the referee to formulate the appraisal so I can make her an offer.

Hi @James GleesonI have formulated a couple rules I follow:1. 

., stalk properties), work with a realtor (or be your own), and formulate a strategy for buying your investment.Take the time to review the FREE real estate course being offered by our friends at BP (it's under Education link.

These clauses are things I have in every transaction; we put a lot of time into having pre formulated contracts with terms that matter to us

Formulate key questions and talking points.

Read some books, talk (a lot), and start formulating a plan.