Since I can't really go and look at the properties physically, how many comps could minimize the errors?

I have set up good teams and solid systems so that I can minimize and often mitigate risk while keeping hefty profit returns.Most of my acquisitions are gained from contacts I have developed and these contacts provide me inventory that I can flip and wholesale for maximum proifits without having to play the numbers game.Sure anyone can hire a good contractor and fix up a house nice, the key is the acquisition price.

On their own, this fee might be minimal but if you write several checks a month, it will add up.

With only minimal effort, you should be able to pick up 50% equity or more.

The amount of principle paydown in the first 10 or even 20 years of a 30 year mortgage is minimal.

Should have known this.3.Yes, the goal was for a long term hold with minimal cash out of pocket

There's minimal work needed to be done before I plan on flipping this property, but isn't there an FHA rule that states that you cant flip a property for x% of profit within 90 days?

Dear BP Community: When it comes to networking within the BP Community to find quallity people to work with what are some due diligence practices that investors can do to minimize the risk as much as possible?

Well, just like anybody else, I dont care to lose cash every month, but if it was minimal, and worked out to make more in the long run, then I might be able to part with some.

etc.3) Most times the answers are no to the above questions, and I tell them that my niche is working on short sales and I'm getting most of them approved very quickly and with minimal headaches and most importantly getting to closing.