With FHA, I believe the preliminary credit check is good for something like 60 or 90 days, after which it's pulled again.

We all know that's baloney, though, since there are usually other considerable costs in selling a house.Since I am not in Houston, I can't say what the house is really worth fixed up, but I'll wager it's not $275,000.

Just a preliminary thought on my part.

Charles,Thanks for respondingHave a title company.Have a preliminary LLC set up.

They don't have to drive to property to take pictures, do their own preliminary cost guesstimate, they don't have to screen through 100 deals to get to the ones with potential, etc.How does your audience find you?

My estimate of costs has got a 20% contingency built-in, but I have done a preliminary cost analysis based on photos and the exterior.

I want to get in, get out, get paid and move on to my second deal.I am ready to call them for the preliminary info but I wanted to see if there's any last minute advice from the veterans.

I am just starting to get some preliminary information to see if this particular tract is worth pursuing.

Thanks Jon, good adviceRegarding the numbers from my original post, do I need to account for these in my preliminary HUD?

If my preliminary estimates are accurate, I'll have a mortgage of around $2500.