Hello - I just acquired an abandoned property (absentee owner), the current plan is to flip it.

This is why a real wholesale deal is best acquired first unless you know your buyer and have control of both ends.Concerning confirmed probate sales, courts generally require exact buyer vesting so that Order conforms to same.

Instead of buying rental properties on the MLS (which require mortgages and a high downpayment), perhaps I may suggest that you look into the "subject-to financing" niche, and acquire properties with built in financing.

However, we would like someone to facilitate the transaction, ie: make sure the proper documents are acquired, produced, recorded etc., on a schedule and in a timely and  transparent manor up to closing so everyone (including us) understands what is expected of them and when.Any further input?

Last year I acquired my first property, and the house is leaving me a nice return.Now for my second investment, I was going to buy second property, however this lot is huge (around 8000 sq ft) and the house is small (1000 sq ft), so I decided to build an extension instead for rental .

Hello, I've acquired a total of four buyers for my buyers list but I don't know what exactly to ask them.

There's risk with subject to, of course, but if you can get into a position to refinance if needed it might be a way to acquire a property.

I usually have to pay 10% of rent + 1 months rent to acquire tenant.Hope this helps you make a decision.Good Luck.Bill

So if you're using a hard money loan to acquire a property that you intend to refi and keep you should have the loan preapproval for the refi.If you're just getting started cash is king.

How did you acquire the first property?