You will turn thejohnmichael: property around quicker.johnmichael: As a beginning investors avoid a rehab property or the lure of a high priced property as many beginning real estate investors get distracted form the fact that the ideal property is the one that you take control and resale for a profit.Dan_Auito: fixer jay decima goes for junkers and makes goldjohnmichael: The easiest place to make money is in the middle and below price range range.johnmichael: The property should be free of damage and need no major repairs unless you are an experienced construction worker or builder.

terms if you could remember ?

One thing to remember if you are going to buy a lien on a unimproved lot.

Remember all seller financed notes are purchased at a discount (depending upon the terms, buyer’s credit, etc.) .... so there must be enough profit to cover the spread.

First, remember the banks are regulated by the federal government and they are required to underwrite conforming loans and second, bank loans tend to be very structured and are generally inflexible to your project needs.

Remember the movie "Field of Dreams" BUILD IT AND THEY WILL COME!

Remember that 100% is based on the purchase price not the appraised value.

It is important that you remember that you are going to need to put time and energy into this.

Remember, 99% of those wannabes will NEVER pull the trigger on a deal and will be gone in a year or so.BTW, when I lived in a major metro area (Houston) I wouldn't buy anything more than 10 miles from my house.

Remember that when selling a house an appraiser is going to have to use hard sales not listings and pendings.An alternative to getting a Real Estate agent to do a CMA is to have an appraiser do it.