In a case like that you basically start over with new contracts, or work with addendums.

The inspectors are looking for safety things like smoke detectors and GFI's.

I took the time to run some of your basic information through an appraisal spreadsheet and I came up with a estimated value of $115,000.

Ultimately, there is no replacement for experience and hard work but I feel like I should understand the basics thoroughly for myself before it should ever be necessary to have someone else do my leg work for me.

And also for reinforcing a basic rule of REI.

I have the basic steps to wholesaling.

There was a lady by the name of Barbara Klaput who moved from MD who was basically a SB761 expert and she ran workshops on this.

With the advice I received I decided to penny pitch, go on a diet (saves on food) and basically buckle down on my spending so that I would be able to purchase all cash at the end of 2012 or beginning of 2013.

Basically, the owner wants out and his bottom price is $45k.

Craigslist is basically useless here for real estate, as agents bombard it with links to their listings, even on the FSBO pages.