My main interests are foreclosures and rehab opportunities in the DC metropolitan area (including Baltimore) and some opportunities in the Norfolk Virginia area.Still in the learning phase.

The first phase sells for $180K lets say 2nd $220K 3rd $260 4th $290K and after a short 36-48 months they have gone from 180K to $300K+.

[b]Determine the Costs[/b]During the second phase of the loan process, analyzes the borrower, property manager and general contractor, as well as the the final architectural plans, specifications and construction costs.

You need to know the market and what people want and what is selling in each phase of market decline and/or market rise.

Our project has three 10mil phases.1st phase is 100 single family town homes thats going to be a quick land flip.

hi all,i am looking to start a new phase of my life and i thought that property investment and managment would be a great way for me to earn a living.i have been crunching numbers, and putting together senarios, and believing that a goal of $1,000,000 worth of of the right properties would make a good living for the immediate future.provided i do my dd and using a starting cost of 1,000,000,is it posible to buy these properties with 50,000 as leverage?

There is 40 lots in the first phase. just think of the potential. the houses will sell for 279k Thanks dale

I have survived phase 1 :D I got my offer accepted for a nice duplex in the Dallas area that acctually has a +C/F.

Are you in accumulation phase, where you haven't reached your RE goals around cashflow, amount of RE owned,...Or are you in the I'm happy with what I've got: I've met my cashflow goals,...in which case you might be more into paying down debt.At least that would be my thought process...

I generally consider the first part of a down turn market a contemplation phase and preperation period.