At the moment I don't know a whole lot about construction; however, I bet if you put together a good team of knowledgeable people it could work.

Again thank you for your knowledge.

some of it doesn't mean anything to me, but when the situation arises, i'll have that much more knowledge to apply to the problem.

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.

Now I understand that this topic has probably been covered, but I would just like to bring it up in order to hear from other new members with knowledge in financing and help me with it.I am interested in buying condo in a very nice are where property values are steadily rising along with rents.

God Bless,Knowledge

It requires knowledge, networking (I hate that term), and a lot of work.

Welcome Shawn...you have definitely picked the right place to learn the ropes....there is a wealth of knowledge on this site.

Thanks & God Bless,Knowledge

It seems as though many of you have a wealth of knowledge to offer.