While a valuable concept, we don't see this coming up in the short to medium term.In the meantime, here are some great ways to network locally in order to meet investors local to your region:1) go to www.biggerpockets.com/meet and search for investors near your zip code.2) be sure to use keywords in your post including local city and state names (you used Akron and Cleveland, which is a great start) - investors are scheduling alerts for these keywords and will be more likely to see your post if you use them appropriately.3) set up those keywords yourself and connect with people that invest in or are interested in your area.  

The bottom line is that the appraised value of the house in this case doesn't matter because it's A) above your committed price to purchase and B) is only an opinion of value for the purposes of establishing the deal as a market value for lenders and interested parties of the transaction.Put another way, if the appraised value had been $120k, would it have been appropriate for the seller to come back and demand a higher selling price?

Also, you'll want to consult your accountant so that you can plan appropriately.

There are very few times when an LLC is appropriate and you aren't there.

I know a lot of folks knock it, but for those like myself without direct MLS access, it's not a bad alternative, especially since you're selecting appropriate homes and can better compare apples and apples, sometimes.

Hey everyone,I've been browsing about this topic but failed to find an appropriate answer:Do I need any kind of license if I want to wholesale a house in Florida?

After reading through the HOA's insurance's policy, I found that the policy is called "Business Owner's Policy" and below is the summary page of the policy:"General LiabilityGeneralAggregateLimit(OtherThanProducts-CompletedOperations) $4,000,000Products-Completed Operations Aggregate Limit $2,000,000Personal And Advertising Injury Limit INCLUDEDEach Occurrence Limit $2,000,000Fire Damage Limit $50,000 PER OCCURRENCEMedical Expenses Limit $5,000 PER PERSONHired Auto INCLUDEDNonowned Auto INCLUDEDAccounts Receivable $25,000Employee Dishonesty $10,000 PER OCCURRENCEElectronic Media and Records $10,000Fine Arts $10,000Money & Securities $10,000 Inside/$2,500 OutsideValuable Papers and Records $25,000"One quick question is that how i can tell if this is an appropriate HOA's insurance.

Having said all this, I'm not saying there are no deals out there, and if you can get to a level of comfort in answering the appropriate questions, understanding why the property is sold at such a discount (relative to other auction prices), and have that sort of risk tolerance and confidence, check with Account Closed at WDB funding and see if he can help you out.

Hello Bp, I wanted to know how soon after you finance a property it would be appropriate to cash out refinance?

This is relevant to understanding the mechanics of what option tactic is appropriate for my deals.tnx