You should determine how long it takes the builder to complete from the time you have you're mortgage commitment to move in.

And he realized I won't make a commitment over the phone, and said "ok, before 12pm then".After the phone, I sent him an email, said "Did you forward my original email offer to the seller(s)?

However the Tampa market is very hot so I if I can pick up a wholesale deal it will be gravy.I am committing to marketing to these targets for 6 months and will look to BP to help me on the roller coaster!

If I were to find a quad with one empty unit, finance it with an FHA loan and keep at least one unit at a time as my residence on the weekends (probably just to do work on the place), would I be committing mortgage fraud?

what's the most amount of damage you'll commit to renovating?

Talk to us about time commitment.

Stay committed to learning about the business and I don't think you can go wrong.I suggest reading through the forums like a mad man, reading all the real estate investing books you can get your hands on, and setting realistic goals you can work towards.

I'm in LA, and I understand high costs to buy an existing building, but deals still exist out here (I'm sure they do in your market as well) if you are patient an committed in the search.

Commission on resale = 7KNew roof = 5-10KNew Paint = 3-4 KNew flooring = 3-5 KNew Furnance = 3-5KNew WH = 1KGarage Door = 1KNew Kitchen aplliances = 2-3KCarying Cost = 6KDoes not include other needed repairs, and you are already running close to your $41KAs I do not know your area and my prices are ballpark, you may wish to get better numbers before committing to further upgrades.

I am determined and committed to making this work however at this point I'm at a loss as to what to do next; send 45 more yellow letters or purchase 3-4 bandit signs??