The first prop I got is doing well but I jumped in feet first without the proper research to justify the decision from an investment perspective.

Looking for where to start.....I have researched and read many books on foreclosurers, I have also found websites like www.nhmsi.com that list REO properties.

I use a realtor's access code to the MLS to research comps.

The rules and costs for setting up an LLC differ in each state, so you may want to do a little research in your state before proceeding.I just set one up in NJ and it took only a few minutes on the internet and cost a little more than $200.Since the LLC has no history, we are purchasing the property as individuals and then transfering it as an asset to the LLC immediately after closing, or at the closing.

it looks like a good investmentwill post a new message once i do more research

Become informed and then you will know exactly what you are looking for.Also, the county clerk doesn't seem to give you an actual image of the deeds, so doing some of the research online won't be possible.

Any lien holder can foreclose so I would do my research and make sure you are looking at the first lien.

make sure you do some keyword research before submitting and include the keywords in your video submission.Peter

I have been doing my research for the past few months and I have been trying to investigate all aspects of "the flip."

I thought I had done all of my homework - the works: Months of research, an LLC set up, attorney, mortgage broker, accountant etc... etc...