If that agent wants to work with you fine, but his price for doing business is to show you the market to see if anything suits your needs, if it does great he gets his payday (performance based) if he doesn't then he didn't really fulfill your needs as a client and thus no pay day, that is just he business he's in.

Like I mentioned before, I kinda had a general idea of what I was going to say to who ever called but when the phone rang that GR8 plan I had instantly disappeared!  

The price I paid was twice what they paid for it just SEVEN days prior giving them an instant $30k profit.

You already know the zip code that its shipping to, and they already calculate shipping instantly.

one is appraised value and one is market value.. took me a few years to understand that .. even though something will appraise at 100k say and you pay 80k and think you got instant equity you will NEVER sell it for 100k it will only sell for 80k.Now there are a few turn key's that do BRRR I call it turn key light.. but its a process and it takes time to get these deals done.. but the refi usually gets pretty close to all your cash back.... but don't think you have true equity.. it does not exist in those markets the way you or most of the out of state or area investor perceive it.

It does sound like it would cash flow and give you instant equity depending on whether or not it needs any work.If you have a better deal go for that, if not this doesn't sound too bad.

I instantly gained over 300k in equity upon closing.

No, you don't need a License to BUY property, take title, then sell that property.If you don't take title, but just wish to buy contracts for say $100.00, and sell those contracts to flippers for a say $5,000.00 pay day when THEY close on the property, it's up to you whether you want to take the RISK that the RE Regulator in your state allows such marketing of contracts to Buyers, when you are neither the owner nor are you Licensed to broker Real Estate!

Plus I had the instant added value from the remodel to start out with, and the continued increase in value as I slowly restore the outdated property.

The fees are much lower than what you stated above and they are financeable- that is a very attractive option to the savy investor.Using the 203k I have helped many clients also gain 20,30,40, 50 as much as 100K in instant equity- there are not many options out there that can offer these features.I just wanted everyone to understand the program and what it can truly do.Good luck to all!