@Amelia Bartlett Welcome to the bigger pockets web site, I think you have seen just how friendly the People on this site are.

Websites such as Trulia and Zillow are not accurate for figuring out the ARV of a specific property.

This is big because when I try new systems it takes time learning what the software is capable of doing and what it lacks and getting used to using it.Streamlines Processes - The more websites you have to flip through to get your work done, the more complex your system is, the more layers you add to your work process the more time, money and resources you waste to get work done.

@Ollie Gray IVIf you have the funds to buy a house there are a lot of proponents around this website that like the idea of buying a duplex or a home with a rentable basement or something.

You can see more about it at our website, jwassets.com.

Cyrus -The 70% ARV formula is designed to be a rule of thumb and not exact.The 30% remaining is designed to be divided as follows:10% for sales costs and closing costs10% for cost of financing10% profitPeople who can get financing cheaper or save on closing costs can adjust the formula or would make more profit.

On another note, I'm happy to talk with any of you who may need drafting or design services.

According to the GOV website here currently it appears NC allows buyer rebates. http://www.justice.gov/atr/public/real_estate/rebates-details.html Never have heard of Larry Loftis.

You Can Find REO Brokers on the MLS with an REO search, or you can see who is listing agent on Bank/HUD REO Websites: www.hudhomestore.com Investor Clubs: http://www.mynationalreia.com/clubportal/795files/directory.cfm?

I have been collecting absentee owned property addresses through my county's assessors website.