This can be a very long and annoying process and you're not guaranteed to get approved.

Even so, they were able to help at times when I had technical questions about the legal process.

For first flips better to start with a  small cosmetic rehab  until you get to know the process and the team well.

I found a lender and started the refi process. 

Purchase price: $232,000 Cash invested: $18,000 My real estate investment journey began with a leap of faith when I purchased my first investment property—a charming but very needy fixer-upper in Connecticut.

If your current deposit already equals one month's rent, you can't request additional funds.Keep the lines of communication open with your tenants, explain the process clearly, and you'll avoid any misunderstandings.Good luck!

That tells you mainly want buyers are hunting for and purchasing.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

What was your process to lock in on that market? 

Since getting started we have learned a lot and have built quite a few systems and processes to increase efficiency and maintain consistency within our business.