This is totally a function of cost and scale of what you trying to manage.

With real estate investing if I put good in, I get good out, with most jobs you can put good, or even great in, yet you are totally dependant on what the human filter between you and the end.Any hardworker who has been downsized will tell you that.3.

Before that the maximum fine was 6500.00 per occurance and 1.25 mil total fine per year on a lender.

I was looking at a property in a very desireable neighborhood in my town, I can get the house for 60k and the owner will hold 50k of the mortgage, there is however around 35k of work that needs to be done in the home-...

I plan to spend $3000 on the rehab. for a total investment of $16,000.

I did all the searching for the homes on-line, called him for the lockbox codes ( yes that's not completely Kosher , but he new I am totally trustworthy) and he simply meets me at his office for the paperwork and potential closing.All in all, build a close honest relationship with one or two REO realtors (or just realtors in general ) and you'll do well.Good luck!!

it's a numbers game.if you want to do 60k this year (remainder of year) you'll need to do say 6.6 million in total volume - in order to achieve this, you'll need about 5 appointments a WEEK.

Hopefully Bigger Pockets can help alleviate at least the second hindrance — if not totally by new-found knowledge, then by a swift, albeit motivational, kick in the pants!

He said, however, that he is “upside down”, so he must have re-financed once or twice enroute to a total current tune of some $210-215K.

The best deals being total rehabs.