The good news is, even if you go over, it appears there's a healthy profit margin that can be reduced and still not be underwater.

Once you gain traction and get some deals the good news is you can hire a VA to at least to the initial calls for you (less no's) and you only talk to the ones interested in your offer (I know it because I run a call center for Real Estate).Mailers can also work, in that case interested sellers reach out to you, mailers can be expensive though so its also a numbers game.

The good news is you won't owe taxes on the cash you receive from the cash-out refinance itself.

If you go into multifamily and you know how to reposition a property and increase NOI, you can generate 7-digit windfalls in a couple years.REI is a LOT more active than the stock market.

Upon seeing this name again, I looked it up online and found that the person it belonged to had a number of articles from our local news station for a number of crimes, to include forgery, identity theft, impersonation, etc. 

First thing I thought of was you know digital docs can be faked, right? 

don't say anything else after asking that question.Now if you are dealing with an agent - you are not going to have the opportunity to deal with the seller - so - you may want to just make an offer 25% below what ever it is list for.AUCTIONS: As for real estate auctions - I have been an auctioneer for many years selling hundreds of properties annually - I would like to say that we do not always satisfy the sellers reserve price (Oh - we only represent owners and investors - no foreclosures) but we don't always get the auction price up to the reserve - but the good news is that at the auction the owner becomes very motivated to accept a lower bid - thus a great equity profit is made ------ so do not discount auctions if you are looking for a great deal.Believe me I have seen so many properties sold at auction that have a ton of equity.Someone recently said "The best deals are MADE and FOUND"So ---- how do you MAKE a good deal from the many properties out there that do not look like a good deal?

Welcome to May! Summer is soon approaching so enjoy the last of our “cool” days as much as possible. Also, make sure your AC’s are in good condition and if they need some maintenance, do it before it gets busy in the ...

Make sure that you posted the property onto a digital website like Zillow, and always ensure that the tenant fills out the proper paperwork, so that you can review their background.  

Unfortunately 2023 for me is going to be a 'treading water' kind of year as I don't know how these flips will perform in the current market.Good news is I have very low leverage on the deals, and if the houses don't sell my backup plan is to convert to either short term or long term rentals.