My best advice for getting the best deals...close quickly and cleanly with a reo agent in your area to establish rapport, then make it loud and clear you are ready to play.

Hello,In my quest to learn real estate I ended up getting my license in IL, and found out that being a salesperson might not be in me.

for all the investors out there i was wondering how many of you have their realtor license?

But I do know that if you keep your oldest credit card open to establish a longer credit history, and pay everything on time from now on, and keep your revolving credit line balances low, and don't open a lot of revolving lines of credit, you can have extremely great credit in about 5 to 7 years, higher than 741.

Heres the order i would consider: buy it, replat the property into several parcels. rehab the house and sell it, thus establishing a sales comp for the other parcels.

If the $329K value is accurate (only you can establish that, an apprasial, especially one you don't pay for, is of limited value), then you should apply the 70% guideline.

It's a great pitch, especially when they do a little research and discover that BP is well established and all over the net.

How should I get started. maybe this thread will shed some light onto the subject.Currently I have my real estate salesperson license.

Regarding the warranty, I would want it directly from the roofer only if they were licensed as such.

I always put a clause in that says, "______ is a licensed realtor and is buying this property under appraised value with the intent to make a profit."