Yeah definitely a horrible deal, you will end up losing money every month after all your expenses.

Same here but its more the floodgates are opening after the horrible winter we've had.

You know you are a real estate investor-When the thought of mold doesn't scare you instead you go hmm I'll just add it to the budget and get a big discount on the property.You know you are a real estate investor - When the appraiser says to you - "Oh my god this property is horrible- its worse than the last one I saw of yours- You would need the balls of an ox to take on this house" and you think to yourself- Really hmm I didn't think it was that bad, I LOVE this house but since you mentioned it let's see if you can get me a bigger discount on it.You know you are a real estate investor- When the agent doesn't want to stay in the house cause its filled with roaches and you are like - I've seen worse- THIS ONE TIME and you start rambling on with a story while she is trying to get out of the house before roaches decide to go home with her...

Or is that a horrible idea?

I did a deep look into crime around the area and nothing too horrible came up.

Flat Fee listing services with no broker representation are ONLY for experts (like most of BP Pros) - in my many years providing the service I have see horrible tragic stories.

So it's not as though I had any relationships to bank on before I yelled for help with the horrible "mortgage-gone-wrong" drama.

I've had other out of state flips that went horribly wrong so make sure you have the right boots on the ground!

Of course the timing is horrible and she is out of town for the next few days.

@Lesley Resnick yes the numbers are horrible with my hard money loan.