Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Individual #1: Taking out traditional mortgage with 10% down to purchase propertyIndividual #2: Managing restoration and sale, taking share of profitsThey need money for the restoration budget, estimated at $40K.

The workshops cover various subjects from financing, wholesaling,, estimating repairs etc.Dallas Real Estate Investors Group http://dallasreig.com/ This group meets once a week on Saturday during the lunch hour.

Its hard to estimate the value of the property without actually walking inside. 

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

The metro area has plenty of such neighborhoods.If you already happen to be looking in those areas, then you may not be able to estimate repair costs correctly...or maybe you are not familiar with how to get the repair costs to where you need them to be.

They Estimate $28-33 a sheet. 

Once you move further away from downtown, the properties get much larger, and the inexperienced could easily under estimate the repair costs in those.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.