If the loan was originated privately, for instance by a property owner.

I've asked people who bragged of making millions just on this technique alone, and when I directly approach them, I get sent to some convoluted website that occludes more than illuminates, others just clam up altogether.I'm getting the feeling that a lot of the people who make boastful claims, in this game, are just boasters.It also seems odd to me, that a person clear across the country, who has never been in my market, who never will be in my market, does their best to make sure they do not help me out, and in some rare instances, try to hurt my chances of success.

So as long as the equity I can recover is larger than the difference between rent and my PITI I'm better off.For instance the apartment I'm moving out of rent is $995, money I'll never see again, the house I've bought mortgage is $1147.

Aaron, in this instance, I'm using the term "flipping" in the sense of wholesaling.

For instance, if the market has gone up $10,000 and you listed it for market, then people will come in and send multiple offers.

Extensive due diligence is required, including background checks on management and large stockholders.

Very thorough and has extensive experience in Realty and Investing.

I will make sure that the next thing I do extensive research on.I don't know about accounting, but I'm GREAT with numbers.

If they are replacing windows for instance, what brand are they?

Also purchase the BP flipping books for a nominal amount, as they have extensive info on estimating costs.