Part of me wishes I could have started earlier but at the same time this deal is looking to be a solid one as the numbers are indicating I will be able to recoup most of my rehab costs when I cash-out refinance the loan after the six month seasoning period passes.

I’m a student of elite legacy education and I took the lease options training.

It give me the opportunity to make a low ball offer and maybe buy the property at the right price.I don't know about the timeline your asking about.Although I am originally from Alabama, I won't invest in tax liens there because there are much better states to invest and get properties in a relatively short period of time, at least relative to AL.

I'm open to any suggestions on educational sources, and where to network with like minded people to help me get started.Thanks in advance for any help/advice!

I'm looking at buying a foreclosed property during the redemption period.

Has anyone experienced this before and is it possible to get long term financing without a seasoning period?

Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling the option, the optionor, during the specified period of time that the option is in effect.I'm wondering if it is possible to control a house using an option to purchase in order to renovate the property (fix and flip) without actually buying the assett with a HML. 

Up to you if you also want to pay any interest on the agreed value of the land over the deal holding period.

Before I move further I would like to educate myself.I'm reaching out to see if you or anyone you know owns a laundromat?

Our strategy is a 3-5 year flip that when you add up the cash flow, the tax savings from depreciation, the mortgage debt pay down, and the fact that we bought it under market value and that we are selling it on a lease option so we don't need to pay realtor fees and have minimal closing costs, our average total profit over a 3-5 year period is round 60k per property that my partner and I split.