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Agrees, IF you utilize their full capabilities.

I work with a few different Architects that are capable of doing a 4-plex like this.

Go to a few auctions yourself, and get familiar with the process, players, and what property is generally selling for.

If it will be an investment property it will then go into the LLC.203K loan is a renovation loan only with no purchase capability 

Hi Priscilla, I can't thank you enough for this thread on iFlip (and all of the interesting side comments along the way).BP is awesome and I found it through Cameron Dunlap's iFlip webiner.We are doing due diligence on iFlip now.Joshua such excellent moderating (no I'm not a vendor).We are newbie investors (we've read and studied a lot and are now ready to act) and we're looking at Cameron's iFlip right now to see if the system will work for us.We are planning to use PropStream's REO capability as the front end to our system (rather than use bird dogs) ... is anyone using PropStream?

So capability, commitment, communicative.I have a rule that I will put the same energy a buyer puts into me.

They appreciate that I treat them as responsible adults who are capable of paying their rent and utility bills without needing to be reminded.

She is not capable of participating financially or physically.

Be ready to show financials so if they spend time educating you on the market they know you have the capability to buy.On the commercial real estate side I have buyers submit a PFS statement and sign an exclusive agreement.