My long term goal here is basically to rent it out for another few years until the market rebounds and then do a quick clean up on it and then sell.

It could very well be basic info (don't know I haven't bought it yet).

The place is basically a dump, falling apart.

If you are buying through an agent they also can provide some basic numbers.As you have family in the area consider asking them if there are any RE attorneys they recommend.

Im still a beginner and im trying to learn the basics.

Basically, you will start seeing the 100% financing go away in all credit categories, and the new sub-prime market will be where the Alt-A has been for the last few years.

Hello everyone, I’m very interested in getting into the real estate investing field, so all I’ve been doing lately is acquiring some basic creative purchasing and financing tactics I could use to help out motivated sellers and myself, it’s a true win/win.So my questions are:1- I know this question depends on the seller’s needs and my financial ability, but under what perfect conditions should I try to utilize each creative tactic (subject-to, lease options, contract of deed, straight options, and owner financing)2- What contracts I must use and have signed when utilizing each creative tactic (subject-to, lease options, contract of deeds, straight options, and owner financing)3- Once the appropriate contracts are used/signed for each tactic, what are the following steps I must take; now I’m not talking about the complete a-z steps.

We're working on a concept that will change everything about how members post their dealmaking posts . . .

I have found the basic information on how a loan mod works, but am having a hard time grasping the exact details.Can anyone fill me in on there loan modification experience, and if it is something that may be easy or hard to add to my portfolio options, and most importantly, is it financially lucrative on a smaller scale?

Let me know if you have any basic q's about commercial investing, I might be able to help.