Buy at market from the seller and resell at market, while making a profit.It is a similar approach to the wholesale market, except the properties are not distressed and they claim to be buying at market.  

If your using money you cant afford to lose and or need to finance or plan to resell.. then buying a property without title insurance is risky.cheap land is many times bought with out title insurance..

Some will put them up re-sell them to another group of suckers.   

Or buying some of these lots with around a $250 investment then cleaning it up/tearing down whats there and reselling the property.What are your thoughts on this process to get started.

Present it on paper, maybe with a picture of the property and all the details written down (cost, break down of rehab costs, expected resell, expected PROFIT for the INVESTOR). 

@Mike Bell  Call around and check with credit unions or smaller banks that do portfolio loans (they keep them in house and don'' resell them). 

My managing broker and I are floored, as the numbers are telling us this could be the most lucrative flip yet.My question for you all is this: On the previous 3, because she has been the one to procure the deal, purchase the deal, and then resell the remodeled home, I have been paid on an hourly basis to manage/work on the properties.

If you want to do this you would need to close on the property before reselling.

IMO these need major rehab work and are only attractive in "hot" areas where flippers can turn around and resell them for $100k+ to retail buyers.

The holding cost is comprised of the interest payment plus taxes, insurance and utilities you need to pay while holding onto the property before you can re-sell it.If your credit is 720 and above, you can get a BLOC (Business line of credit) to fund the remaining 10% + points+ closing cost + holding cost.