The main question I have is about searching public records before getting too invested in a property such as a Foreclosure.

The SAFE Act describes compliance being required for any method that attempts to circumvent the intent of the law.

The down side is if you don't disclose it then it is mortgage fraud(I don't think that is your intent here, just what it would be if you did it).

We visit SW Maine every summer.

The owner knows that my intention is to fix it then sell it.

End-game possibilities to (a) put on the market to sell after 4 months refurb – could be worth $575K ARV and if sold quickly yield me a 30%+ cash on cash return, or (b) if soft buyer’s market then put out to rent, with projected 9% cap rate.My main questions:If I put in 90% of equity, what % of profits would be competitive?

My intentions and ambitions are to invest in flipping and hold-on-to residential properties (1-4 units) and eventually get more involved in commercial investments once I gain more experience.

(but maintenance should be low for the first few years) The main houses rent for 2200- 2500$ The basement: 800-1000$ The coach homes (Over the garage): 800 $ 3800- 4300$ per month Houses come with 3 kitchens with appliances, 3 w/d The city is not allowing anymore to be built at this time (Which is good) so the inventory is low and they don't come on the market too often.

I'll be moving to NYC in April and will start building my real estate business with the intention of working at it full time.

What is your main goal?