Go find a property below 70% of retail value and get it under contract.Places to look-craigslist, zillow, ugly homes (go door knocking), FSBOOnce you have a contract, go and market that property, and you if you truly have a deal, you will certainly find a buyer.Places to sell-Craigslist, Zillow, Biggerpockets, FB groups.Obviously money helps expand your resources, but these are some ways to do this for free.Best of luck!

Go read up on strategies used by wholesalers to find deals (mailers, knocking, etc), and do that stuff.It's probably been over a year since I did an FHA mortgage for a 2-4 unit that was...In one of our core markets,Arms length,Retail/MLS, andFHA.Start crossing one or two things off that list (skip Oakland and go to Stockton, befriend the seller, put 20%+ down, etc), and yeah those deals happen all the time.

My guess is all systems will need to be replaced for a retail flip and high end finishes will be expected.

Previously I ran retail businesses and needed banks with branches where my stores were (in Northern Virginia).

You'll notice that debt started to massively accumulate in 1981, during the Presidency of the biggest supply-side administration in history (Reagan is the Conservative's fiscal idol, and while I think he was an awesome President for other reasons, it's clear that his administration kicked-off the current debt problem).

I don't care what the yield is, if the property is a geo-dome house or an white elephant anomaly, it's not going to be easy to liquidate without massive concession, if at all.I recently saw a note for sale by FCI secured by a property near me.

Congrats on your first deal and I hope it closes successfully.Take massive action and I'll see you at the top!

It is sounding like the reserve for the auction is over $1 million, which doesn't jive with a 10 cap buy price, however, there appears to be massive upside on this project.  

It's starts at $9.00/mo - QuickBooks for Pro edition which about 90% of my clients are on, I can get for about $180, it retails for $250.

I see massive pressure on stand alone small brokers, they don't have the horsepower to keep up.