Obviously you could use the services of a local broker, look for similar properties listed with brokers and call them.

The land itself is valued at about $18,000 so the grand total is about $122,000.

Google that term and you can read about how it can help you.I own a couple properties in flood zones, no a show stopper for me but proceed with caution. obviously house should be discounted when sold if in the flood zone but if you can get it at a deep discount with potential of removing it that could be a home run!!

I purchased a property located in Indianapolis, IN 46218, for a total price of $61,038.50, which included $32,000 rehab cost for this duplex.The rent from this duplex estimated to be $1,200 per month.

There ended up being 9 offers total.

I obviously have some healthy competition, however i have an abundance mindset and i know there is still some meat left on the bone. 

I believe it is a common theme that when a lender advertises 9-12%, 9% is for the highest qualified applicants and 12% is for the people who are just above the minimums to lend on (i.e. beginners with low credit).Usually, the lenders that go down below 10% are national hard-money lenders and will not allow the borrower to put less than 10% of the total cost into the property.

Not sure if that's standard or due to my type of account with them (Private Client...I have 3 IRA's, a solo-401k, and Rollover 401k so total with them bumps me up into their Private Client level banking).Their interest is non-existent (I use Ally.com for holding money @ 1.65%) but I've never had a problem with them. 

If your financing requires it, that's obviously a different story.

The total benefit here is $2460/year.