Hello forum I know very little about real estate but i do know a good deal when i see one...lol so my mother owns a house in CT which she is willing to sell me for 80 grand The house as is is worth 197 but with a little remodeling Im sure its worth more now i reside in GA i dont have the capital  rite now to purchase, im working on my credit to possible get a loan can any one give me advise i really want to make this happen so i can jump start my buying and selling career thanks in advance..

This person has bad credit yet managed to save 3 grand cash and has an income =/> 975x3 per month3. 

reality   reality check.. you want to flip 40 homes in a yearlets say your in a low value market were you can buy for 100k put in 25 to 50k per projectlender will want some equity.. as your not provenso how are you going to do that when sales cycles are 6 to 9 months from start to finish.. some get lucky and can flip in 120 to 150 but what I see is 6 to 9 months.so your starting out.. you would need to buy about 30 homes right off the bat  so that's 3 to 4.5 million.. 20% equity you need 600 to 900k in cash.. and you need another couple hundred grand in operating capital you have to make debt service while you hold these for nine months. so lets say 10% interest to make It easy on 3 mil is about 25k a month.. so that's another 200k for debt service. so this is why not MANY can do 40 flips in a year its so capital intensive.. and you certainly can't start out that way you need to prime the pump and maybe in 3 to 5 years you get there.

What's an estimate for an attached unfinished 1 car garage including a new pad, eight grand or so?

My husband and I own two properties in Grand Rapids, MI.

He requires me to get atleast 5 grand to be able to put down or more preferably.

I recommend South Irving, Grand Prairie and Arlington in DFW area.

Here in my county in Maryland , there is a $ 20 grand  hook up fee paid when you get the permit to build , then you pay the utility contractor extra to do the work .  

There are many developments along the Grand Parkway where you can get good deals and the entire area is exploding with new growth.

The lady I spoke to (the grand daughter) said her grandma just wants to sell for what they owe, which is around $171K according to her.