The main one being your corporate structure.If you are planning on flipping houses, it's always good to first consult with a qualified accountant and lawyer who is knowledgeable in real estate.

who wants a tenant/buyer who can't come up with money down.with my limited knowledge of Lease Options, i also know that if you (as seller) have a mortgage on the property - this is a contract for sale - thus any Lease option would violate your DOSC, and vise versa, i wouldn't enter into any L/o with a seller who has a mortgage on the property, unless he could prove to me it will not violate his mortgage agreements.also, you record the L/o because it protects both you the seller and the buyer.

Hopefully I will learn alot of knowledge about the real estate business since I have joined this forum.

FYI, there aren't a ton of people here with knowledge in notes.

hello, from california.....well, ever need some points of view on investing or getting the right information to start investing let me know...love to share my knowledge.:)

I wonder how long it'll take for me to get bashed on...I'm here to pick at "your" knowledge and vise versa.

Maybe it is if you find the right school and educators that care about sharing there wealth of knowledge and real life expierences on how to have a successful career in whatever they choose to do.Anyway if anyone has some good useful information on what to read or the best advice to getting started in real estate with no knowledge of the business, but someone who wants to get started as soon as possible.

I'm no expert but a deal is a deal and a good deal has to be considered carefully.

New to forums, new to this site (my only forum adventure), and new to pursuing any more knowledge with making money in real estate, which I hope to lead to profitable action.

Realtors are considered "experts" and they shouldn't be trying to negotiate preforeclosures because that might end up with you in court.The truth is that investors can really make people happy by solving their problems while still putting a little coin in the piggy bank.Remember: the purpose of bankruptcy and foreclosure are to minimize losses to lenders while redistributing assets to make them productive again.