On that house were I invested $15K, I did a lot of the grunt work (painting, sheetrock, framing) myself, but contracted the furnace, plumbing, electrical, and carpet.

im finally getting starting after about a year of studying wholesaling. but i have ran into a roadblock when it comes to choosing my business card layouts.

I'm in the process right now, actually. very difficult because they've been citing the current lease when the terms serve them, and ignoring it when they don't.Quick synopsis - doing a lead paint removal program with HUD that imposes rent restrictions so I have to cut their rent by $200/month.

These deed restrictions encourage the 'slap paint on a pig' investment style.

Wherever you choose to invest in REO's be sure that you know your market very well and work with a local agent to be up to date on the latest available listings.

Each citizen should be required to serve, somehow, in some capacity of their choosing which is for a public benefit and is done without pay.

Ditto refinishing floors, paint, and new carpeting.Then tell your agent about the shiney new things you want her/him to sell for you to your buyers.

This way the GC can easily bid out each part of the job, and get me a bid much more quickly than if he has to consolidate based on my "room to room" list of things to do.I'll then have my GC give me a labor bid broken down into the following components:- Permits- Demo/Dumpster- Foundation- Roof Framing- Roof Felt/Shingles- Siding- Gutters/Soffits/Fascia- Decks/Porches- Landscaping- Doors- Windows- Wall Framing/Sheetrock- Electrical Rough- Electrical Final- Plumbing Rough- Plumbing Final- HVAC Rough- HVAC Final- Kitchen Cabinets/Countertops- Bathroom Cabinets- Bathroom Fixtures- Interior Paint- Exterior Paint- Carpet- Hardwood- Tile- Vinyl- OtherOther could consist of anything from install mini-blinds to replacing outlet covers to installing appliances.This generally gives me (and the GC) enough detail that the job can be accurately estimated, and if things change (or surprises are found), we can adjust individual areas accordingly.This also gives me a good idea how much each of his subs will be making, allowing me to figure out what his profit margins will be -- giving me some negotiating help if needed.If your contractors have an issue with filling this out, try telling them, "My lender is requiring me to break it down this way in order to approve the loan."

For example, if I am interested in buying a home priced at $180K, but would like to place an offer between $97K-$130K paying with cash, would the banks choose my offer first, over someone looking to use conventional financing?

If a lender detects, suspects or decides to allege fraud even at some future date they can unwind these deals and come after everyone they choose to pursue.