Finished this project for a client in California. 

I’m under the impression that I’m a double closing that you would need funds upfront to cover the cost of buying the property from the seller then going back to the end buyer and finishing that contract and that’s where you would make your profit.

I’m under the impression that I’m a double closing that you would need funds upfront to cover the cost of buying the property from the seller then going back to the end buyer and finishing that contract and that’s where you would make your profit.

Maybe an older house on land you could buy that eventually might be torn down and a new larger one built.You could also buy in a new subdivision stage zero and when finished out in a few years hopefully have some nice equity growth.I tend to not like areas that are EN VOGUE currently because of a stronger economy.

If no one bid against you then you would own 100% after your suit to quiet title is finished.

In in May of 2000, I sold it for 62K and a 3 bd 1ba house in Vergennes VT for 94K in June of 2000.As mentioned, I started house hacking by finishing a basement room and renting out the three bedroom house.

I'm new to real estate investing and just finished "The Book on Flipping Houses" and "E-Myth Revisited"....awesome!

Rent first floor with finished basement.

This is the desired finished look on the outside I want to acheive. 

If you are doing an FHA 203k you have 6 months to finish rehab and get moved in.