When you are looking for REO or foreclosed properties to flip, is it better to find the property first or secure your financing first?

Offer them a couple of dollars to go along with what is basically an accounting move on your part as their security is in no way lessened.

These services that I would explore would be: •Foreclosure Cleaning/MaintoRubbishoGarbage RemovaloCarpetoFlooringoElectricaloPlumbing(Internal/External)oRoofingoAppliances-(Ceiling Fans)oPaint oWallsoCeilingsoDoors oWindows oScreens•Maintenance oYard-LandscapeoRubbishoGarbage RemovaloPruningoSecurity(Securing AC Units)oFence RepairoSupport Foundation Repair(Carport Supports)Thanks !!!!

You've got a good head on your shoulders and you're willing to take the steps necessary to learn what you can about all the areas that can secure your financial future.Good luck with your research, your real estate learning, and your future profitability.

Were the security deposits passed at closing or did the previous owner seize the deposit against rents?

Better to get them out now...other secured notes, another house, a car, a boat, a tractor.Good luck...hope this helps and not confuses you.Kolohe

I strongly believe that he was just telling me this to get me into HIS bank...He mentioned that since the FMae/FMac crash, most investors are buying up these mortgage loans/securities to help strengthen the market and that finding one of these banks these days is going to be hard.

Be sure to plan for exterior security lighting as needed, and do not use the very cheapest light fixtures.

Comps and other MLS data is available through a real estate agent; however, you don’t want to abuse the relationship.Solid relationships with a real estate agent will open doors for you that may have been securely closed in the past.

Maybe covered by the security deposit, maybe not.