Gregg, That is very helpful, all that being said do you recommend taking a EM deposit or to just avoid it given all strict guidelines involved?

wanted to see if any one had a recommendation for where I might find some educational material I can use that breaks down the terms involved with a commercial 'flip' loan (not hard money), both whats involved (i.e., what the commercial lender will look for v. residential lender), the terms that are often involved and what they mean in laymen's words, the various ways they are often structured (i.e., 75% purchase price w/ 100% construction +contingency, etc. etc.) various fee's typically charged and which are negotiable, escrow carrying costs, on and onwas hoping to find some material all ready together on this...tried doing a basic search but didn't see a whole lot.thanks

I'm generally pretty risky when it comes to things like this and it's never really hurt me, but with this sort of money involved I'm more hesitant to jump into something when I haven't even met this person.So, lovely BP folk, is this good idea, or terrible idea? 

Do you have idea of which aspect of Real Estate investing you want to get involved in?

I currently involved in deals with EquityBuild and have had nothing but positive feedback thus far.

If the seller needs to list on the MLS and a realtor gets involved, the deal is open to any investor.

@Sam Shueh - I didn't read the docket but if 2 different sales persons were involved, even under the same broker, isn't this a designated agency, not a dual agency?  

I know there are other factors involved besides for the numbers such as location and where you think that market is headed in the future however, from a numbers and financial statement standpoint alone, how does one come up with a offer price?

Been listening to the podcasts at work for the last couple months and would finally like to start getting involved on the forums.Currently employed as an Acquisitions/Dispositions Analyst for a private equity firm.

I've been involved with real estate for long time.