They deliver the unit, service it, keep it stocked, etc. and then you split profits.

I will keep everyone posted on the results of that meeting.

On my first in person meeting with the seller, he came in carrying a postcard that he received 3 years ago!

Once you generate these investor leads, your priority should be to follow up with them regularly through call, text, email and in-person meetings. 

I learned a ton on my first few flipps (and had the advantages of already invested in rentals and land development first.Check with your bank and see what you qualify for and keep in mind you will need to fund the renovations so those funds will not be coming from the traditionally bank lender but rather from other sources.

In Northern NJ, to make 100k, your buy-in price would be around 600k or more.Haven't done any, but I wanted to choose somewhere with a 1hr commute radius so I can keep monitoring it.

Personally I would look at doing a cash out refinance to buy more property instead of selling, but a lot depends on your specific situation.

I'm also a tech guy so I feel that once I have the setup and want to start tweaking it, I'll be able to make the required changes and keep moving.

I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 payment.

We are about 1/2 way done my personal residence.