If you don't pay them back within the specified time frame, they can foreclose on the property.It's really impossible to identify an average return on investment for a flip here.

Identify the opportunity, say a medical office condo complex.

2/3 rd's vote. 5) The more you know the other investors/participants in the fund, the better so that you can unify & make decisions in the future if needed. 6) Ask yourself this question: How can I monitor the project to make sure I can identify a problem before it's too late?

If they end up enlarging the vent hole to remove a dessicated raccoon than then it's one more story to tell come time for your next drink date with friends, and you tell your guy to brick and mortar up the hole when he's done.I would only use a chimney specialist when I decided there was a need for one...identifying the blockage doesn't qualify.Don't wait till Monday, have your guy evaluate now!

While I've identified a few properties of interest but found that I couldn't really get a 'feel' for the area with any of the online tools at my disposal (google maps, etc).

You must have a fiduciary in place to "accept" the money you receive from the flips and then you have 45 days to just "identify" the property(ies) you want to roll that money into.

Dave can give you more insight on the likelihood of reinstatement of seconds and perhaps how to identify them.

Your attorney can create that for you but first you need to focus on finding and identifying good deals before you worry about someone stealing them from you.Just because it's for sale does not make it a good deal.

I'm still learning and haven't identified concrete goals yet.My background is in data work (eg, data analysis and database reporting).

Any words of wisdom from experienced fix and flippers about identifying opportunity in a market and where to start?