Seven months will pass quickly and you may be in an even better position to buy something at that time.

Don't want to be in this position again.

My offer was more valuable to the seller because I had no outs.Its more risk to make an offer with no contingencies, but once you've developed the experience and confidence to do just that, it makes your offer significantly stronger and better positions you to get the deal.

So I guess that my plan is to put bids on properties as if I'm going to hold them to the river (i.e. make sure that they're positive cash flow after paying everybody that needs paying / generate sufficient IRRs), but to the extent that I can, I'd like to flip them for a quick profit.

In the position they owe for simplicity they owe a 100k and the house is worth 100k how would you present this to the bank and say comps are around 100k for the same square footage.

I recently attended the monthly local REIA meeting here in South Florida, and noticed a truck at the meeting that had a number to call about RE investment trainee position.

What positive cash flow you got is now taken away by the repairs that you have to make - so you can get someone else in there.

Our own house is in a good position though since we bought it 8 years ago and didn't refinance it up the wazzoo like many of our neighbors did.

Right now I'm in a really good position to help folks on the web snd prefer it as I'm not chasing and everybody loves me... less stress.

But everything is still too high there. also, I DO expect to make a positive cash flow.