For instance, if I think the house is worth $80k and the mortgage being foreclosed on was taken out 2 years ago for $100k I just stop my analysis there because there is no equity and the lender will buy it back for more than it's worth. 95% of the foreclosed properties in my area still fall into that category so I can quickly narrow down the list.From there I do a physical drive-by.

Is there a quick and cheap way to do this? 

It's gonna cost a couple grand for the survey so you better make sure it's a good deal and it's going to sell quickly otherwise you're out that two grand and that is why I didn't put it up and ultimately wasn't able to sell the acreage.

what I seem to find is HML> rehab> DFE/ cashout refi I have nothing against flipping for capitol to invest in buy and hold. buy and hold attracted me to real estate.

They are still motivated, however and may be willing to discount the property for let's say 15-20% off retail for a quick sale.

I am hoping to see if anyone has any good lenders that can close quickly on FL properties (7-10days).Gulfport, FLPurchase: $185,000Rehab:  $35,000ARV:  $289,000I can provide additional information if need be..Thank you.

Entry level houses are still selling very quick.

. * 1300 = 39k for cosmetic work New Roof = 7-10k for new roof ($7500 as safe #)10k for new HVAC systems & updatesyou're at 56.5k on a really quick swag.  

Don't be too quick to just allow anyone into your beautiful rehabbed property.

Each state is different and time can be quick (Texas) or years (New York).