Nicholas, that was so nice of you to type that.PM me if you ever have any questions.Best wishes to all of your endeavors,Brian

Some seller's are attempting to use 3 months, but I personally think every buyer should resist and even refuse this.2.

We would like to be able to quickly compare deals based on a target ROI of 40%.I am attempting to flip a formula around and solve for the Offer Amount given a set ROI Goal of 40%.ROI = Net Profit / (Offer Amount + Buying Costs + Holding Costs) / (Rehab Months / 12)**Note:  Offer Amount + Buying Costs + Holding Costs = Total InvestmentI was able to get he formula correct as long as the Rehab Months are not included...see below:Offer Amount = (Net Profit / 0.4) - (Buying Costs + Holding Costs)I just can't seem to figure out how the formula changes to account for the Rehab Months. 

Marketing the property for sale prior to owning it would be acting as an unlicensed broker. 4735.01 Real estate broker definitions.As used in thischapter:(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following: (1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate; (2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate; (3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate; (4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;   

Meaning, if the seller is BS'ing you, it's an attempt to show the seller that CF is stronger than it really is, and thus getting the buyer to pay more for the property. 

You should check out this story: http://www.wwmt.com/news/features/top-stories/stories/Concerns-still-linger-over-possible-violence-due-to-attempted-eviction-133699.shtml

Perhaps there is a learning curve for yourself as well in being a manager.As to resolving this did you attempt to do 3 rehabs at once with the same crew you have been using and now expect them to do 3 times the work? 

Multiple attempts to thwart the sale and overall dishonesty from the three of them.  

hi moh. yes, i have experience with bidding on auction.com. they are ok. i hate to have to do the $2500 deposit too, but i guess that is their way of weeding out the not so serious buyers. i bought one house from them and didn't have any issues with closing. hubzu.com, however, are a major pain in the *** to deal with. i wouldn't buy a house from their site for a buck. even my attorney said to never buy a house from them. we attempted to buy one once and they were, in my lawyers words, " the biggest pain in the *** that i have ever dealt with". auction.com is much, much better

I currently have no experience in real estate investing, but am attempting to put in my due diligence and learn what i can while i save up enough money to buy my first property.