Unless you have extensive knowledge and connections with rehabbing, financing, market analysis, and just general real estate investing, I think you are setting yourself up for failure trying to break in to the downtown renovation game right now.For a beginning investor, I would rather you start out with something safe that has a strong possibility of bringing you a quick return rather than play the dice and hope it hits in time, and that advice has nothing to do with being my competition.

Remember, each state establishes it's own reg and exemptions.In the end, I guesss your best bet would be to seek legal advise before pursuing PL for funding your deals.

Or if he has ever though about BUYING another unit, he hears; "I HAVE SOME UNITS THAT I BOUGHT FOR 30% UNDER MARKET, AND I'M WILLING TO SELL TO YOU FOR MARKET PRICE".You need to establish some rapport (a bit of "warm up") with any prospect before you launch into your "sales pitch".

I woukld say pay the title company just because of the future relationship you are trying to establish with them.

Indeed, you could, over time, establish a relationship of confidence and trust with someone you have never met in person.

The way most people make money in this game is by using creative techniques to solve one person's problem while being able to structure the deal to where it makes you a profit.The key to finding a lot of deals in this game is to look for the MOTIVATED SELLERS.... forget about looking for houses, that's a waste of time and requires way too much work!!!

This is the only way for me to get into the investment game, ie...Low Credit Scores and now money up front.

i actually saw one of those episodes where the guy doing it really was on top of his game.

However its still really hard for us newbie investors with no proven track record to get a bank large or small to give us a loan on an investment with none of our own "skin in the game" so to speak.

I would never get into something until all of my ducks are in a row...meaning that I have already established a solid network of investors waiting for my deals (which I have), and having a custom Purchase Agreement with enough contingencies to cover me whether I cannot find an invester to assign my contract to (this is the worse case scenerio)...if it were completely impossible for me to assign my contract, my agreement allows for me to walk away from the deal without any risk to me (although this is not fair to the seller).