I negotiated the price 15k lower than the asking price and I now plan on reselling the property to my end buyer for a small profit.

You want to offers 200,000 but all the flips in the area are trading at 280,000 buy in and then reselling for 390,000.

I close on most everything and then re-sell, so I'm able to use mls flat fee listings.

I just got in the habit of closing on all of my "wholesale" deals from the beginning and owning them before reselling.

I'm a Wall Street castoff after 20+ years, and seeking my next career in buying, renovating and re-selling properties at under fair market value.I attended a seminar last night as follows:Thank you for registering to attend the FLIP MEN Free Exclusive Preview Event.

Also, when you go to resell, because it is a pre-foreclosure see how much time is left before it forecloses.

If my cash investor has a property that is fixed up for 65k and he can resell for 100k, he/she is happy.

Once, I control the deal, I have flexibility to let the owner stay there or resell the house.So, has anyone here on BP experienced buying notes "one offs"?

Terry, buying an inexpensive property to turn around and resell with owner financing is buying real property not buying a note.

I own my home and I own a Jersey City Condo rental.Soon, I will have my LLC formed and on my way to purchasing, renovating and re-selling properties.You can find out almost anything here on BP, so feel free to ask.Best wishes to you in your quest.