A special relationship is therefore created.

Even with flipping if you use hard money the lender will want skin in the game ( money down and points ) to do the loan.The reasoning is if the rehab gets tough the HML wants it to be painful for you to walk versus just handing it back to them.A good contact for flips is J Scott on here.

Times got tough.

Some people specialize on complicated deals, and that's how they make the big bucks.

John thank you for the the welcome, Honestly a family member told me about a house, and asked me to parner with him, Ive been brush up on education for weeks, then i got a call, saw an opportunity and took it.As far as me know exaclty whats gonna happen in midtown, im unsure of, ill start paying more attention to sources, however is there any place special i should look to study my environment?

They Specialize in investor closings. www.lawstevens.comLets connect.

<g> So let me ask you this: what special considerations for you make / what additional screening measures to you take in the event of screening a pet owner?

The auction route is a tough one for someone who can't devote to it full time.

The tough part is my work is seasonal and I get paid through payroll companies.

I'm currently looking in SoCal but the market seems tough (high entry $$ for low NOI) so I am open to other areas.