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.

My experience with short sales comes from one which I closed on several months ago and from what I've read about them and other people's experiences with buying or attempting to buy them, much of which I read here on BP!

It took four attempts before I passed and I'm trying at all costs to avoid having a repeat with the NC exam.

A tenant may simply decide to buy something, they find themselves in financial problems, they are late with rents, you attempt to evict, the judge says no, because by that time the tenant can pay.

The sellers (usually a bank) did not even attempt to lower the list price to attract other buyers before finally accepting mine.