It all depends on the extent of your involvement as to what is fair to charge.

I would say if you are as dedicated as you sound, you should be able to take some steps to get your credit score up in a fairly short period of time.

This pool had a 107% overall loan to value (LTV).(2)A NY note investor purchased this non-performing second lien for $4,900 with a payoff of $46,000, ten months after we bought it in a pool for $3,450.The Fair Market Value (FMV) of the property was $175,000 and the senior lien was current with an unpaid principal balance (UPB) of $268,000 and monthly payment of $1110 (PITI).Deal (1) looks to be at 107% LTV and deal (2) looks to be way over 100% LTV.

I run through there at times, Blues, Bikes & BBQ in Fayetteville....tell the Walton bunch hello...LOL, You're in a nice area, good luck!

Hi Marco,Look up J Scott a moderator on here. www.123flip.com He does a bunch of rehabbing and house flips.

I will be doing a fair bit of reading before I start posting questions.

I'm confident that I can improve the cash flow of the property fairly quickly from the very beginning through better expense control and better rent income.

I am fairly new to this site as well.

But as far as making $20,000+ I'm fairly intimidated now.

Hi Tyler,I am also fairly new in the real estate world and also pretty young..25.