You find them from other investors, going to REIA meetings, etc.Also, try to find a great handyman...you can save a lot of money by using a jack-of-all-trades to do much of the non-specialized stuff over hiring a licensed specialist when it's not necessary.As for your roof price quotes, how big is the roof?

E-trade for my example.

Market like a wholesaler, keep the best ones for your self, and wholesale or trade off the rest to pay for more marketing.

The underwriting guidelines are much looser than banks, LLCs are not usually a problem, and seasoning (how long you've owned the property) is also not typically an obstacle.The trade off is that you'll pay for it...rates are 8% to 14% with points in the 2 to 5 range.

Trade it - which is what I did, I traded for labor3.

Once you have an idea of exactly what needs to be done to the property, you can decide if a handyman is appropriate or if licensed trades such as plumbers and electricians will be necessary.

Exactly what Steve (and others) said above...you need to do the analysis in both situations, and see which one has the better numbers...In general, I would never have considered trading a bedroom to make a larger master bath, but I made the decision to do this on my most recent property.

If none, then I won't have lost anything except the opportunity cost of what else I could have been doing with the money (which up until now was losing money trading options).

Most trades are happening close to current market value, which is still 15-30% below 2007-2008 values, so you're not going to see properties priced 15-30% below current market value.

Bulk REO in California trades for 75% to 85% of As Is Value based on on 120 days on market.