(They have a free 30 day trial, but if you use 16115 for the referral both of us get a $10 credit.)I use YNAB for my personal budget, but it allows you to create multiple budgets and I use one for real estate as well.As you go through the process of working with clients, think about how you can create a repeatable system to streamline the process (Think Checklists). 

Its through trials and errors that you learn the most.

In most cases the original lender is not told that the buyer is flipping the property on the same day for thousands more than the lender has been told is the market value of the property.In the cases we have seen, the investor has not put any of his own money into the transaction, and uses the new lender's money to fund the entire deal.A variation of this program involves the investor having the seller convey the property into a "trust" with the investor as "trustee".The Fund has made a business decision not to insure these types of transactions.

I've known of variations of that, some with flipping and some with turnkey providers.

There are always nuances between the different districts and even between judges but that doesn't really matter in this discussion because the variations are in the various foreclosure laws of the states.

To hope someone will guide you through all the trials and tribulations is unrealistic unless you are bringing something worth while to the table (i.e money, a deal, securing financing, ect).

You'll also see much more variation in ARV and in the actual offers.

It's been fun to be on the boards and read about everyone's trials / tribulations and success stories.

You can see the variations highs and lows in cap rates as well as $/sf and $/unit.  

(The notary showed up to trial and showed her notary book and testified) He had found a 'social justice" lawyer.