I won't always see every step from the beginning to the end, but with the vision of the end firmly planted in my mind I WILL find a way to get there.

I just moved to the Atlanta area and plan to obtain my real estate license before the year is up.I would like to obtain rental properties and rehab homes in my current location and my hometown area (Louisiana).What steps do I need to take in order for me to let go of the 9-5 by the time I am 30 years of age?

Hello my name is Allison Hunter, I have posted before; but am looking to take the appropriate steps for longevity in this arena.

The only problem is in some states you can forclose on the lien and the IRS steps in on the forclosure.

I would like to move more into flipping houses, just need to take that step.

From reading John's post I guess it is that is how I was calculating the 3% cash flow left over in my hypothetical.I really appreciate all of you pointing me in the right direction, my next step is to find out whether this idea is a legal 1 and then incorporate somehow the great feed back you guys provided, if anyone else has an opinnion please feel free to share it with me, thanks again to all for taking the time to respond.

For example, say you pick up a bank REO for cash on the court house steps for $50K, but the FMV on the property is actually $125K.

All appliances and garage door opener functioning properly.After you've done each room, step to just inside the front door and take a hard critical look.

I have no experience with short sales and indeed agree with Mike and will take it a step further to say dealing with banks can be a Pain In the A**.

Once I took a step back, I realized the marketing scheme!