If you're in a wet area water may not be a problem.

This is a common bait type post where they wet your appetite and see if you bite.

Been soaking up a lot of knowledge over the last 6+ months and I feel ready to get my feet wet with investing.I have been in contact with a few REO realtors in my area but nothing so far in the area where I want to invest.

If you are gonna flip it, you might not be concerned with the "lifetime warranty" of the repair, if offered, but if you are going to hold it for more than one season (wet season to dry season or vs/vs) you will want that lifetime warranty so you can call them back to shim up the foundation because it WILL move again.....and again and again -you get the point.

I am extremely interested in "wholesaling" especially since it's a good way to get my feet wet.

I'm a newbie ,just starting out , I'm considering the wholesale strategy just to get my feet wet , i understand the concept very well ,but i have some questions regarding NY. 1)i would like to know if you can assign contract in NY (Not for REO)?

Tiles will be slippery when wet, stairs are very narrow and no handrails.

Ultimately, I just want to get my feet wet doing almost anything as I can not afford/bare standing on the sidelines any longer.

Getting allot of site errors, cant even contact Joshua about them, Had to re join just to reply to posts.As far as some of the questionsStrip center is 25 years old, I keep everything maintained, I always have people asking if I have space.My parcel is all flat, anything that isn't building or parking lot I had graded and seeded with grass, it is kept weed free, cut, and its like a park like setting. the 24 acre parcel has hills, and wet areas that DNR wont let be touched.I don't need to sell, but also know if the corner develops my site is worth much more, so if I hinder it I shoot myself in the foot.One developer brought up an easement to me for an entrance, his question was would I GRANT him an easement, not sell him one,that was back when a large food chain wanted the corner, he was going to develop it and then lease it to them( pick n save), not sure if I can name them.Anyway I got skidish with developers and brokers, they would call and want to meet at the local StarBucks, try and get me to tell them what it would take for me to sell, tell me they were going back to draft up an offer, I would never hear back, one local broker drafted up an offer to purchase, the offer was transferable, it was full of errors the city wasn't right, the county wasn't right, it was just a mess, so much that I began to think the commercial real estate world was full of shysters.I had a broker list my site for lease a few years back, asked me if I wanted to sell because of the corner being up for sale, I said maybe it all depends, so to make a long story as short as possible, he would tell potential Tennant' that I was thinking of selling, so not to depend on long term leases, then tells me lets just list it for sale, its not leasing out !

I'm sorry to throw wet towel on this prospect but as I've mentioned before, some of the best deals turn out to be deals that you never got involved in.