And how will I know how much house someone would be willing to finance reguardless of the % below market value I can actually purchase the house for?

The key to pricing a successful flip is knowing what your competition is listed at and pricing slightly below.

If you know your market and you are able to buy below market and re-sell the property, then that is something else.

Just make sure that if the house is not 100% FINISHED, and all boo boos repaired, that there's plenty of $$ placed in escrow to finish it.We just looked at a place that was about 35% BELOW MARKET on a price per square foot basis.

They can filter/screen for that type of inquiry; if your title co. doesn't want to do it for you, I can teach you how to do it yourself.Regards,Scott MillerOriginally posted by "ez2finance":Scott,Thanks for the idea.

(Picture below.)That's probably where the water is getting in.

This numbers below are for a 12 unit for sale in upstate NY.Based on rent roll 2% rule means we should look at a purchase price of around $400K.

With that in mind, I look for working class neighborhoods, where they dont have granite countertops but they keep their yards up, in neighboring cities that are priced below market, and only take 3-5 years to pay off.

But you should be able to get the same comps from zillow or realtor.com that you could from MLS.I'm sure the filtering is far, far better on MLS based on some of the comps my realtor pulls for me from time to time.

I am more upset about what appears to be low-quality work.