Therefore, find a good tenant who is willing to be honorable.To help make future decisions more automatic and easier, you may want to consider adding some of the payment terms contained in my lease agreements: (check your local laws for any conflicts and seek legal advice from an attorney before altering a legal agreement)PAYMENT TERMS (TIME IS OF THE ESSENCE)a)The DEPOSIT in the amount of [[$Deposit]] IS DUE ON OR BEFORE [[Deposit Due Date]].

You will have to talk to a lot of unmotivated people, so don't let that discourage you cause than the motivated ones will get easier to pick out.Your marketing you will need to track and test.If you haven't already find some of the wholesalers here like Sharon Vornholt, Jerry Puckett and others, they have shared tons of stuff on what they know.Best of luck to you.

That makes it much easier to calculate.

This actually happens frequently but the opportunity will be proportional to the amount of experience you have (i.e. how many properties you’ve flipped) and how long you’ve been doing this (i.e. how many contacts you’ve developed over the years).Lightening could always strike, but the chances that any experienced lender will loan 100% of the purchase and rehab to someone who’s never done this before are pretty much zero.If you happened to find a really killer deal, it would be easier and safer for you to find an experienced money partner.

If the stars all align, you may get it to work.It would be a lot easier if you had your brokers license and could just get a commission....

It is easier to say hello to a familiar face.)On July 4th, I found a seller of a four plex that was open to options.

It makes getting financing much easier, and gives you the some margin so that you can be patient and really find the right deals.Good luck!

Calculating ROI from rehab is much easier than building a full pro-forma (which should include your taxes, as those are regular and repeating expenses).

The problem is that hard money is easier to get than conventional financing and can draw you in.

You'll have to paint, clean or replace carpet, etc...