Even with flipping if you use hard money the lender will want skin in the game ( money down and points ) to do the loan.The reasoning is if the rehab gets tough the HML wants it to be painful for you to walk versus just handing it back to them.A good contact for flips is J Scott on here.

We used to go to the Louisville area for games and tournaments.

Hi,My name is Russ and I'm a 60 year old business owner who has lived longer than the industry I've been involved with these last 40 years (newspaper and magazine circulation and advertising).

Cheap way: industrial sized spray bottle of Frbreeze (sp?).

Marc Faulkner just wondering about the original poster's question -- is there an "industry guideline/standard" or convention that a note buyer would buy only a certain % of the note's remaining principal balance -- for example, only buying 70% of the principal balance, or does this also depend on the scenario?

We seem to have similar game plans.

so im new to this site as well as to the investing game. i currently own a property which is rented by my property manger ( my real estate agent). im earning a positive cash flow since it was purchase paid in full no mortgage.

It's all a #s game since it's all about timing to get people that are motivated!

Multi family units are of prime interest as well.My background is industrial construction management, presently on assignment in Northern British Columbia.

I rent market rent and keep it there and if something happens in the local economy where the market rent still holds but is having some fluctuation due to a amajor source of local industry failing or something else; and that tenant stays, then I keep it the same if an annual increase would harm the investment or hurt the vacancy rating.