Put together a detailed package and be accurate in your rehab assessment.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

For example, if you wanted to make $25K profit on the deal, you can rearrange the formula:Purchase = ARV - Rehab - Fixed - ProfitPurchase = $154K - $26K - $20K - $25KPurchase = $83KYou could pay at most $83K to make your $25K profit (assuming your other numbers are accurate).

And you get the benefit of having over 70 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

And you get the benefit of having over 70 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

trying to figure out how or where would I look to find out if a property has any taxes owed and/or liens against it.Also how do I get an accurate as is appraisal of the property?!??

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

If you're running numbers accurately and they work out for positive cash flow, rock it out!

$15,00080%LTV= $224,000So, if this scenario is somewhat accurate, equity position created would be ~$54,000 on the main residence (loan balance $106,000-Appriased value $160,000).

And you get the benefit of having over 70 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.