By meeting as many people as you can in the industry, you are given the opportunity to learn super valuable insight into starting out in real estate, as well as opportunities to collaborate.

Make sure you are actively looking, have ads out and are doing everything you can in good faith to get the place rented.

Otherwise, it's typically all cash lowball investors only offers that you can really evaluate, and there's gotta be enough fat on the bone to get your chunk even though it's lowball. 

So far today I have tried one bank and I got a big fat NO!

Once you’ve decided on that, drill deep into learning all you can in that specific niche.

But these numbers have some fat that can be trimmed , but i try to be conservative .

I write all of my offers with the name "Stephen Davis and or assigns" to ensure that I can. In

Listing agents already know how this plays out, they've been around a while, so they tell their client a story like the above, and in reality the client thus takes the $380k offer.You can in theory mitigate this reliability issue by paying the HUD Consultant and GC to do their thing ahead of writing your offer, this will run you over $1,000 a pop for each individual property you are considering, which typically someone that needs a 3.5% down FHA 203k loan simply does not have to throw around willy nilly. 

Emphasis on the word theory.Appraisal theory starts on the basic premise that an accurate estimate of property value can in fact be made in a variable world. 

Depends on how confidant you are about the margins & if you can in fact materialize the profit.Here's an example (from my old agent friend) of what we are dealing with on comps for a property near this one that just sold...Listed. $599,900Sold. $675,000Days on Market. 8Obviously multiple OffersRoy.