The Best Questions to ask Syndicators of Apartment DealsSeven Reasons I Prefer Investing in Apartment Deals

I buy with a buyers agent and use their preferred title company.

I know that there is a website that lists 203k contractors but I prefer to use recommended contractors and have them complete work on a 3 flat.

I know that there is a website that lists 203k contractors but I prefer to use recommended contractors and have them complete work on a 3 flat.

I prefer crimping rather than sharkbite for a number of reasons. 

Which leads to my second point: here is a recipe for crashing and burning that everyone should be familiar with because it happened repeatedly in '08-'10. 1) Buy houses with 15% down in neighborhoods that have a lot of competition for rentals and would face downward pressure on rents in a bad economy; 2) hire property managers for about 10% of the take because the houses are more than you can handle personally, 3) make sure the cash flow is below $400 a month, and preferably right around $0; 4) have few assets in the bank or liquid; 5) wait for an economic crisis.Point being, you can be on too fast a track such that when the music stops, you have no place to sit.

If you're the type of person that needs to touch and taste, i'd stay local.

Well again I prefer rents to sales price ratios when doing that quick initial math.

I'm asking for a bit higher quality in the accents (a few barn doors, more tasteful tiling).The two other quotes came in at 228K and 250K.

@Mathew Zorn Hey i am still in the process of learning about wholesaling but the whole concept is to find a good deal below market value put it under contract and find a investor preferably a cash buyer who is going to buy the house for more than what you got the seller to agree to and you as the middle man get the difference from what the seller agreed to sell for and what the investor is willing to buy it for.