What should I be looking for when I attend the auction iam not necessarily going to purchase any properties I basically want to go to see how it all transpires.

She cannot afford the traditional 5%.It's basically another way for a fsbo to get their house in the mls w/opaying the 5 or 6 % to a broker.

Basically, they want to give us a part of the home loan which is around 50k to us children.

The concept is to not glean the field and leave enough of the crop so as to make it attractive to passerbys.

Basically the property is worth more than it's selling for.

There are also companies that syndicate properties, which basically means they gather together a group of investers and purchase a property.

I like figured out what they represent but what im i suppose to pick is there a good book on the basic stuff on real estate investing?

Flipping has basically two different meanings....You could get a house at an auction, own the house, fix up the property and then sell for a profit....orFind a house that is well below market value, get it under contract, and sell the contract to another investor for a small profit...2-5k.You are referring to the first approach...it's much easier to say rehabbing becuase everyone wil know exactly what you mean.

There is a name for that concept: Limited Partnership.The limited partners just put up money.

I am interested in becoming an investor i would like to wholesale houses in foreclosure. you mentioned something about it being illegal in maryland.... now im scared to death to get started. i have been reading alot on the subject and basically this is what im trying to do... im binding a property with the use of a sales contract and then selling my contract to a rehabber...is this illegal???