One other thing Wesley I m not to sure but when I went to my counties web site and under the FAQ one of the questions was “What is hand money?

RE Agents do this all the time.Where better to find first hand information regarding changes to zoning, city sewage/water issues, large scale building permits, traffic counts and analysis then someone who regularly attends these meetings?

I know quite a bit about construction and want to try my hand at REI and rehabbing.

I have read 2 books so far and have a few more on hand that I have not yet read.

i will be approaching a fellow investor this week on taking a multi off her hands with seller financing.

That's all I can remember off hand and need to go.

if you signed an assigment contract it sounds like the property changed hands between developers before it was even sold to the original contracted purchaser...USUSALLY, when this happens is as a result of the developer going belly up on a project or the fact that he can't pay off the contractor.

If she has any thought of being on the title, you'd best get that clear before hand.

REI is fraught with problems, it's not like buying a mutual fund, you are HANDS ON every day.I've been doing this for almost 30 years, I've experienced every type of problem you can on rehabs.

I tried my hand at it but with the cost of everything increasing in NY and income not increaseing at the same rate my 2 fam ended up costing me money every month.