That’s one of the many ways commercial brokers at large firms that provide access to all 50 states can add value to a deal for you.

They told me labor cost is more in mid-west than in CA - at which point I couldn't stop myself from pulling my hairs.

Your ability to avoid sinking too much of your capital into Dead Equity by obtaining mortgage loans...without a job, will be key.Now, if you're one of those who are listening to 1994 Carlton Sheets cassettes, with no money in the bank, bad credit, living with mom and dad, but just a desire to purchase, then stop wasting your time and concentrate on finding a job.

Do I have full access to the funds at anytime during the loan agreement?

Make sure that you’ve got access to good feedback and reliable people that have been doing it a while.

He got his realtor license and will make his way to being a commercial realtor where the Multi Family action is more accessible.

He suggests putting them on one side of the duplex making it a one-stop trip for the meter reader.

We used to diary all of our deals on here and stopped for some reason.Here are the basics on this property:Purchase price - $72,250Estimated repair budget - $45,000-$50,000ARV - $185-195kTaxes - $4338/yrHow we purchased:Purchased with financing from a local hard money lender who financed 80% of the purchase price and 100% of the renovations at 12% interest only and 3 points charged at closingUnit Breakdown:- 1st floor is a 2-bed/1-bath 900 sq ft unit - Projected rent after rehab $900-$950- 2nd floor is a 2-bed/1-bath 900 sq ft unit - Projected rent after rehab $900-$950- 3rd floor is a 1-bed/1-bath 600 sq ft unit - Projected rent after rehab $700-$725How we located the deal:- We zeroed in on this foreclosure deal after it fell out of contract on the local MLS. 

My issue-situation-question is this: Because we have made REI our goal, with a plan for a lifestyle change, business objectives , and everything, we are online every day looking for and analyzing deals [as you can see I upgraded my BP account to have full access to the calculators!!!

You learn quite a bit about RE and the laws in your area, you'll network with many buyer and sellers and other agents, you have access to the MLS and you'll have an early look at listings.