Putting your materials together in an accurate and professional manner is very difficult and takes tremendous experience and skill.

I like what I'm seeing in the FreedomSoft products.I'm 2 seconds from pulling the trigger on the silver package.What is your professional opinion of FreedomSoft?

And for 10%, you'll get a professional who won't allow tenants to manipulate the situation and who can make sure your property is maintained.

It almost sounds as if you were being rude when you said that, but I highly doubt that would ever be the case on such a professional forum such as this :) but thanks for your input. @ brian.. thank you.

This is a poor strategy as equity is not what a professional investor strives for.

The key is having your mortgage professional work in unison with your tax advisor.

Each professional will have a bias, but, if they can reach consensus, you have the answer that is the best for you in your specific circumstances.

ok so I have a property under contract and I have and end buyer what contract do I use to get the end buyer locked up. and will this contract be the same if i want to assign it or quit claim it. any info would greatly help me I want to secure a deposit and I need to know how to handle this and seem professional in doing so. thanks you guys are great and have helped me so much already

You are also basing ARV on converting it to a 3 bed 2 bath.I wouldn't touch a conversion unless there are other 3 bed 2 baths on the street.If just mainly 2/1's then you are going to have appraisal problems and getting buyers to offer on it.Nobody usually wants to own the most expensive property on the street because it appreciates the least and in a down turn loses the most value.Also I believe "I am not sure" but maybe Will knows is that the HML lender wants a qualified contractor to perform the work and will release the money draws once stages are completed.Also some of the work the city or county will require a license for you to do and you will not be allowed to complete the work yourself.It depends on local codes and what they require.You also have to factor in carrying costs and do overs.If I do something that normally costs 1,000 using a professional myself for 600 with parts but it takes my 3 times longer to do it and I mess it up and have to buy parts again then it's not smart.What you have to do is to find qualified contractors to get the job done quick at a below market price.You keep repair numbers low this way and turn times high.If you start a flip a certain time of the year and miss your list date you can be in a world of hurt when the slow season comes rolling in.You might sell at a real low value or not at all while holding costs from the HML eat you alive.You will also many times need good credit as all the HML's I talk to like to know if the investor has trouble selling the HML has a regular lender they partner with to put the investor into a regular loan and pay them off.

Reason being, most I have seen are fairly professional.