If you also find someone to be your listing agent (#5), you may also be able to get this for free if they know you're serious.The point is that you want to pick the brain of people who eat, breathe, and daily hustle in the arena where you want to fix and flip properties.

My wife wanted a backyard with green grass "for the dogs and kids" (neither of which we had) and I wanted a rental property.We both agreed on our first home purchase; a duplex with 5% down FHA financing. 

Kids still need to eat!

make sure that you have your pre approval and financing  all lined up in case a  property becomes  available .Regarding buying an investment property before buying a home -  decent idea  except that this might eat up  most of the capital you have to work with I like the idea of  possibly increasing your  budget a bit and looking for a multi family home that  you can both live in and rent ...in the area you describe these  will be  higher priced than condos  though ....I am located in the area you describe  wanting to buy so if you have any loan / mortgage  questions - feel free to  call or email all the best

To set this up and cover yourself correctly an attorney might eat up most of your anticipated profit with fees.Once you take the fees into consideration you wouldn't be getting 20% return even if it materializes.You could ask an attorney to co-participate in the upside and make no money on the front end but they might not go for that.

Had no idea that he had that type of green.  

Hello, I am a newbie here and might be kind of green about deal or no deal.

It's a very casual setting, just a group of people involved in real estate investing (and some still thinking about getting involved) eating together and talking about their businesses.

Jason K Green Welcome to BP.

The stress is really eating at them, and the first guy came out, described it as you did, and said it was guaranteed to never get water in their basement again.