Yes, I always use private lending combined with my capital to ensure LTV is safe for lenders.

A buyer may not be able to obtain financing if proper permits were not obtained etc.

I talk to hundreds of people who talk the talk, but do nothing more than "gettting ready to get ready".Wholesaling real estate when done properly is a Low risk game.

IF the IRS has been properly notified by the foreclosing entity, the IRS can step in and REDEEM the property for the amount owed from the current title holder for a certain period of time.

There is no one book, or one source, other than an experienced professional, that can begin to provide enough localized information to enable you to make informed decisions.Expecting that all "Real Estate Professionals" should be able to properly advise you regarding investment property is like expecting all Doctors to be able to perform heart surgery, or all accountants to know the intricacies of the tax code.

the owner just had a stroke and has other properities. this one is the only fixer-upper, he basically just wants out. i,m taking an equity loan on my house for $40000 for down payment, closing, and a small credit line(about $12000). my main concern is the labor charges of contractors in my area. the on-hand cash would enable me to get local handymen and cheap laborers to cut into alot of the cost of teardown and disposial. also a friend workes for a local home builder and is willing to do alot of the drywall work and floors on the side.

You open a brokerage account that's properly titled for your IRA and the buy whatever you want.

Since some of you are, unfortunately, looking for a new one, what would an Ideal PM provide to you in terms of services, information, reports, etc. and what do YOU feel would be a proper fee structure?

Toilets and faucets all functioning properly?

This book will give you the proper mental tools to take on this industry.