There is a dearth of MUs in the area and the market is really heating up, so any aggressive attempt to score a deal might result in the loss of that deal.

Being on the listing side, I've never taken a contract from someone I knew was attempting to wholesale/flip, as it's just so much less likely it will actually close, as compared to an OO or buy and hold investor.

Two years later, I have only accomplished minor repairs on the property because I was attempting to do the work myself and (of course) encountered as many setbacks as advances.I wanted to continue to educate myself on real estate in an effort to make myself more desirable to lenders, so I completed the Indiana Real Estate Salesperson Course in December, and I rented the property to my brother, although much work is still required.

This is a bit tongue in cheek, but a title policy is more accurately described as a settlement agreement in advance in which the title insurer attempts to specifically define and limit their obligations in connection with any negligence they commit in their title search.

See how good your skills are on this one and while your doing this flip attempt to find the next one after you get a few under your belt then it's decision time.

Small jobs you should attempt to have handy person types handle.

I'm going to go down two different avenues here, I'm going to attempt to contact the current owner and also work with the bank as well.

I am attempting to purchase more lots at the present time.I believe my net will be approximately 30% cash on cash in a six-month period of time for an annual net return of 60%.

I have a lead right now with a very motivated seller who is willing to allow us to attempt to buy her home from the bank.

Jenny, and as other know but attempt to circumvent laws with "systems" rent-to-own is now pretty well regulated and may require a mortgage originator on the deal, suggest a note and chattel lien or deed of trust if it's RE, not rental payments.....but anyway, this issue has been beat to death on here.