It has remained as a generations passed down property so little to no public information available.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Check out these great reads.9 Reasons You Couldn't Find A Buyer For Your Wholesale DealDon't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldGood luckPaul

I'm an engineer by education and I've worked in vertical construction in one way or another my whole life.

I could spend 3-5k on each of the upper 4, the 2 lower units are not even close to ready, flooring cabinets ect.Owner drops other shoe: The commercial lender has decided to "Not renew smaller property loans" (As per owner)He has received a "Foreclosure notice" yesterday, He also mentioned the bank did an "Environmental exam" a few days ago.He owes $258k on the property, an educated guess tells Me it will appraise between 175k-225k depending on who wants the appraisal.I know most would run away and I may do that.

Meanwhile flipped homes were still purchased at an average discount of 13 percent below market value in 2013, the same average discount as 2012, indicating that investors are finding discounted buying opportunities outside of the public foreclosure process — particularly in those markets with the biggest increases in flipping for the year.”Major metro areas with big increases in home flipping in 2013 compared to 2012 included Virginia Beach (up 141 percent), Jacksonville, Fla., (up 92 percent), Baltimore, Md.

Almost all of my education has been connected to BiggerPockets.

I would start by getting ahold of the public works director and speaking to him/her about your issues.If that gets you nowhere, then talk to your alderman or the mayor of your city.

Maybe you should try to find a public adjuster to see if they can get you the higher amount you seek; if they do you will have to pay them something of course.

, educating ourselves, and figuring out what we want to do next (we closed on a triplex earlier this month).We just decided that I will resign from my job to focus on our real estate venture- scary and exciting!

Read books on flipping and property management and become as educated as you can.