The time value of money, coupled with the unknowns in the construction / rehab phase (contractor challenges, unanticipated repairs, etc), require problem solving skills you learn on the job, since they're specific to the project.The other thing to bear in mind is that flipping houses is most profitable during the recovery phase of a local real estate cycle that leads into the expansionary (new construction) phase.

Make it clear what you are offering, if anything.When setting up showing appointments, your first question should be are they working with an agent.

Hello all,This is my first post so bear with me.

Also, the fact the buyer was pre approved by one lender has no bearing on the speed with another.

Only stamps, I have to bear and prob some other small charges.

The biggest thing to bear in mind is that contractors hear, "If you do good and give me cheap rates, you'll see a TON more business from me!"

I know the numbers on this house are far from what people see in Indiana/Michigan/Ohio, but bear with me on these Pacific NW numbers!!

The hic up could be are you lending money or JVing - partnering.

BP is definitely the right place to get your bearings on the real estate investment landscape.

Loan amounts, taken or given, have no bearing in calculating capital gain profits.