Please do your research first, as there are tons of things that can reduce the value of that lot in a hurry, Zonong, permit costs, utility fees past and present, soils, etc, etc, etc.

Maybe I just have not researched this enough or maybe I don't understand the note buying process (or both).

I am first time home buyer has been researching and looking for a decent place to start.

You may also want to do some market research to see if it will benefit you to do the project.

However after doing some research I am wondering if the Buyer paying for a home inspection per the agreement (which provides benefits to both parties) MAY QUALIFY as consideration since there is a (non monetary) value exchange to the Seller by way of providing a third party inspection to be used in the disclosure and sale of the property.I'm curious if anyone has encountered this type of issue before?

Hy husband and I have been listening to all the podcasts, bought J Scott's books, and are researching getting our real estate license.

I did some research and I understand that neighborhoods in Memphis can vary greatly.

As I am reading and researching I need a sellers contract to obtain the property, then depending on an assignment or double close I will need the appropriate paper work.

Also researching Nationwide as CAP % is obviously much higher in certain areas of the country.

I've been researching for a month about different entry and exit strategies and how to evaluate deals.