I am not looking for a profit going in as those deals are few and far and the only way to do it is if you can acquire properties well below Market value and rehab them or find a desperate enough seller to be able to do it.

I had an incident with a broker that was co-mingling funds and was trying to keep it (sure, unlikely but now I'd warn others to be cautious - desperate times...)

It's also not a typically followed strategy, it was a combination of desperation and 18-22 hr days.

But here I am, desperate to get into Real Estate investing, however without the credit or the funds, I really needed a cash investor/investing partner.I received an email from a Bianca, who says she is Venezuelan and while she is fortunate to come from family money, she has a voice box in her throat and truly can only communicate via email and text. 

I'm scheduled to put my condo up for sell, however I'm having reservations. I owe $91K on my condo in Las Vegas premium locations, with an ideal price tag offer of $128K. History showed the last unit sold in 6 days ca...

I have not had any showings and it is listed at the same price ARV that the appraiser gave me when I first acquired it.I am utterly desperate for a solution, as it's been on the market for 2 weeks almost, and there is simply no interest.

the #1 thing that i have learned about real estate is that pretty much everyone you deal with is going to be hilariously greedy. this isnt my experience 100% of the time, but it is like that 99% of the time.i dont know about you, but seeing a property that is reasonably valued at $120,000 listed for $205,000 is outright ridiculous to me. all that tells me is that the owner is not in a desperate situation. most deals can only be had when the seller is downright desperate from my experience.in terms of deals ive seen hat are good in florida - i have seen absolutely zero since then EXCEPT maybe one, which was in a slightly remote location. the name of the motel is the Tangerine Inn (find it on google) in Volusian county here in florida, and i believe its a 12 unit foreclosure a few years ago that was listed for $160,000. the low price piqued my interest, and upon inspection, i saw that it was actually a doable deal, but only average. there wasnt a lot of competition nearby, but the place was very old looking and outdated. it required about $90,000 to fully renovate, and maybe $40,000 to get a few rooms up and running at first.a few weeks ago, i checked the volusia county property appraiser and saw that it sold for $60,000 in 2014 which was not bad at all. i called them and they charged a ridiculously high $80 a night for a crappy room. my guess is that they average only about a 35% occupancy rate whereas i have about a 90% i maintain throughout the whole year.besides that, every pther motel deal ive found online through sites such as loopnet were hilariously bad. $600,000 for a 10 unit motel. $950,000 for a 13 unit motel in clearwater beach.i will add more to this soon

I am desperately looking for any good information on this since we need to get the laundry rooms up and running as quickly as possible.Any advice is greatly appreciated. 

I think the bank would have to be desperate to get rid of a property to sell it before taking it to market. 

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