I want to become real estate agent to use money to purchase properties and flip etc and find properties.

If you think it is a great house in an upcoming area, you could offer a bit below market value as long as your cash flow numbers work.

Off MLS deals arnt going to cash flow any better than on MLS deals in MoCo.

Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

If you are not going to rebuild they will settle at actual cash value/market value minus the land.There are policies out there that will settle at cash-out replacement cost but they are rare and typically offered by higher end insurers for higher end owner-occupied homes.Every insurance company uses software to determine the estimated replacement cost of a home.  

You can find reliable lease agreement templates through legal platforms like Rocket Lawyer or LawDepot.

Purchase price: $109,000 Cash invested: $121,000 My first property to fix and flip.

Most likely no note buyer would buy this loan based on those facts.3.

Sounds shady...In other words, instead of bringing in cash you're putting up equity, nearly the same as cash.

You can try a bridge cash out on the properties owned free and clear.