You spend your profits ONLY...and use(invest) your seed money to infinity...and beyond.hi Joe - i do not own any properties at this time, and flipping isn't for me (maybe for now, maybe i'll explore this in the future).what you said you wouldn't do is exactly what i would do; i need to start building a portfolio of rentals so i'd like to invest in one or two condos in the area at this time. my seed money would be my start up money. i'm not sure how to make a profit without it (spend money to make money concept here?)

We would like to change our doors to keyless locks, to avoid locksmith/rekeying/lost keys in the future. 

We generated all BPOs and Title Reports What was the outcome?

I really encourage you to have faith in your abilities and if you find areas you'd like to improve in then pursue guidance but I'm excited for your first deal, don't let yourself keep you from making the future you want!

And since the loans are 30 year loans, the payments are lower which help you qualify for future loans. 

Biggest challenge was I tried to do too much myself, failed a lot, but in the end learned a ton to be better for future projects and still made money.

I am looking to pick up a buy and hold single family or duplex property in the near future. 

I’m really looking at this as a way to eventually bridge my career out of health care and into real estate investment and to begin to build a future for myself and my family as I just don’t see it happening punching a clock day in and day out.

@Sean VitaleWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

So the money you paid is gone and you have a very expensive lesson.When someone buys something at such a great discount, then its easy for the court to say, wow, something so wrong and this is not an innocent buyer, then they do not feel bad about reversing the fraudulent sell.Someone not opening probate when someone dies is why there are homes that someone 'inherited' from a few generations back, but its still owned on record by grandma who died 50 years ago.