Here is my philosophy on rehabbing properties to retail buyers: If I think it needs to be replaced, I replace it now because I will only end up replacing it later and I will waste a lot of time in between.When it comes to rentals, I always try to fix and clean instead of replace.

Jon- you just encouraged the "critical mass" to compete with us!

If you are interested in any of the strategies above, I highly encourage you to seek out David Tilney.

We have extensive experience with HUD 221(d)(4) and I encourage you to call (603) 647-4646 ext. 13 with any questions.

If you are in Florida, I highly, HIGHLY encourage you to attend any event by Peter Fortunato.

I encourage you to attend some REIA meetings.

Very encouraging!

Let's just be clear on one thing.The broker/agent is not the reason a flip is successful or not.The purchaser makes the decision on what they pay for a property.They have a right to an inspection and they pay cash or line up financing.I always love it when I hear an investor is trying to get the broker/agent to take a cut for a mistake the INVESTOR made on purchasing or cost to rehab.A deal is a deal and no matter who you pay if the numbers work then you do it.Someone agreeing to 1% has to be a broker because with a brokerage split they would almost be working for free.My philosophy is make more and work less.Just like an investor my time is valuable in a deal.Broker/agents make sure to look at your ROI to when brokering deals.We are not the RED CROSS a non for profit

. =)I think the point I'm making is to encourage more action and true relationship building than perusing.

But that philosophy individualizes an investor's analysis such that it is not applicable to larger scale investing.