I am not interested in the FHA 201k, as this place will not pass an FHA inspection, and I am not interested in them telling me I have to remove questionable paint, add stair railings, replace shaker siding shingles, blah blah blah.

Is there anyone that can give me some tips on what to put in a presentation or what you do once you're in the sellers house?

Of course, the Matrix Asset link is dead, so I know they haven't updated the message in some time.Thanks for the tips REI.

I'd move on.MikeThanks for the tip Mike.

here's a tip - start building contacts to get things done when you need them.

When i said start small I meant finding a property where I know would not need any major structural work and just cosmetics like new paint,landscaping, maybe new windows, roof.

Now that your seller has tipped his hand, he may have spoiled that bank.We had a listing that we took off the market because it did not sell after 3 months.

It seems to be the easiest to me,so any information or tips I could learn or be pointed towards herewould be greatly appreciated.The second area I'm interested in is purchasing foreclosed homesor land, or distressed homes or land, to attempt fix-up or split andthen re-sell hopefully.Lastly, I'm interested in mortgage, loan, and financing informationfor such ventures.My ultimate goal would be to buy a large parcel of land, split it,and then be able to keep what I want of it to build my home on.Hopefully the proceeds and profit would help pay for or off the home.Thanks again for the welcome!

Thanks for tip on the title too.

John CoreyThe price paid at auction plus 10% interest per annum.So, if you put in hardwood floors, redid the plumbing, fresh paint, new electrical, etc - make sure you get a big thank you from the guy buying it back at the original cost because you aren't getting any of that money back. ;)Theres a lot of these little loopholes in Kentucky.