Jimmy,definitely, it doesn't matter if you have a property worth 230,000 and you're buying it for a dollar...well maybe not that far below market :D - but what makes a property a good prospect is if it matches your EXIT STRATEGYthis is made up of many different factors.Your exit strategy (or goal of purchase) is the most important aspect for your investment approach because it establishes your boundries and lets you know exactly where you stand and where you want to go!

If it is a wholesaler who has it, what is he probably looking for, what do I need to have in hand when approaching him?

Hard for me to imagine that it would ever even approach $100k in resale value in a drop so you really would have less than $50k at risk in my opinion.2)What if my first acquisition turns out sour and ends up being my last?

I'm just finishing an Architecture program, so I really enjoy the design + build aspect of the real estate business.

Dealing with hardmoney lendersWhere to draw the lineAssuming the following expenses in a Real Estate Retail Transaction from end to endBuying a property expensesPurchase price+ Acquisition Expenses (Purchasing points costs + Holding Expenses for x months(mortgage payment)+ Closing Costs)+ Rehab costs + Agent/Realtor costsProperty Re-Sale expensesResale Closing costs+ Resale Marketing+ Realtor/Agent commissionwhat are the expenses a real estate investor would expect to be ignored by the hard money lender.I mean how does the investor approach the hardmoney lender,does he include all the above expenses as the loan amount when he prepares a project plan for the Hard money lenderor does he request all of the above money (expenses) part by part from the Hard money lender,please any one explain in detail,thanks,David

approach this as an entrepreneur, not just a salesman or investor.

two new business lines, cards printed, and ads designed and ready to print.

My name is Sheron Cardin and I am an interior designer with an ebusiness for home sellers and agents who need to transform their listings into a marketable product...aka Home Staging.

Or should I say Real-Estate Agents/Owners/Managers and CEO's.I know of a company that took a group of agents like yourselves and designed a new program that will increase your income in your current Real-Estate Business.So, if you are interested in spending 20 mins of your time to make a decision on a new product that will also open new opportunities concerning real-estate and our current economic uproar.Just Follow These Simple Instructions:Call The Conference# (218)339-430010am Pacific Time Mon-FriUse Pin#= 544043#Your Code#=EM04Please Contact: Paul Herbert (206)851-0580with Code#EM04 after the call.Thanks and Make Money!

HiMy main goal - to build a working model for REI clubs in Ukraine, 'cause it's completely new approach for private investors here.Any assistance is welcomed :D Regards.