I am mainly looking for a mentor to walk be through the steps and the legal papers and how to write contracts and have exit strategy so I don't your can't get trapped in any way if deal falls through.

Good luck runnign to the box store from a mountain location becauwse you'll lose 1-2hrs in travel etc.Level of finish - Fire taping (level 1) in a garage is less than ready for flat paint (level 3) or semigloss walls (level 4) or wall paper (level 5) or various knock down finishes (what I think some are calling texture).one more is point up.

You could hear people.There was an article in the paper this week about a guy trying to sell his house, and there is some paranormal activity in it.

I'm not going to leave it on plain white paper I'm going to try 3 different colors green, pink, and yellow.

Many of us have witnessed investors losing their life savings on deals that looked great on paper but never performed in reality.

This will depend on the specific street and layout.

i believe your best bet is to spend some time and a little money on R.E.I. training but with the money you do have you can purchase a few sfh turn key properties in areas and states where your roi will be higher and you not only get passive income but experience and a paper networth that will help you qualify for the bigger more expensive nyc properties.good luck

It doesn't take much more than a printed sheet of paper with signatures on it and terms of the loan.

For low equity deals you got three choicesSubject to and a wraparound mortgage are choice one and two: Numbers have to work when comparing all cost to market rent and potential resaleChoice three has to do some kind of lease option whether it be a sandwich or an assignmentI never ever get involved with sub to or wraps unless the property is in perfect condition, in a perfect location, and a perfectly lay out for resaleIf it's a lease option assignment, I am less picky about condition, with the location better be perfect and the layout that would be perfect.

But to prove yourself to the partners and show them you're a professional, have all the details on the property on paper in a clear business format.