The property is going to need some aesthetic repairs in order to increase value.After reading the Bigger Pockets "The Book on Investing in Real Estate With No and Low Money Down" this seemed like a good strategy to get me going.

I started by reading and quickly found some REIA's and met some fabulous folks.  

I am currently focusing on my overall financial literacy so I read a book a week or more.Any advice on where to start or book suggestions are appreciated.

So I am new to the site, and thought I would get some feedback regarding the lending process and flips.There are some creative ways and I would love to hear from people on their experiences.I have been involved with numerous flips, but I am looking to now do my own.

@Eric SmithI would read all of @Jay Hinrichs posts about investing out of state in rough areas.  

I’m sure I’ve read a good few chapters on these topics but as with a lot in REI it takes me a while to get just the jist of them.

I was reading Amanda Han's Book on Tax Strategies, and was surprised to read (on p. 104)  that "Fix-and-flip properties are not generally eligible for long-term capital gains tax rates, regardless of how long you own the property before selling it."

I wasn't sure what it meant but I just read a definition today on one.

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