HelloThere also data sources that you can get that give you recent sales.Propertyshark.com (15 free reports daily) and Realquest.com(I like this one) The both carry fees, but the information they give is worth it and cuts down my comp search time considerably.

This cuts my comp search time considerably!

I know there are people who suffer more, but hair cut turns..

Can anyone out their share their wisdom with me concerning this?

However, this experience has left me with a bitter taste in my mouth, concerning the ethics of YOUR AGENT, and by extension, YOURSELF AND YOUR AGENCY.I intend to make sure that in the coming months and years that I tell EVERYONE I meet in the (your city) area how UNETHICALLY I feel I was treated in this regard.

I have a tool in the upper right corner on my blog that will take you directly to the HUD site for your state , then I would suggest going in and reading the broker manual and the forms for buying a HUD home in your state, many states list the home for 10 days as owner occ, then on the 11th day it can be bid on by "all purchasers" which would be you as an investor.I have never heard of hard money lenders looking at your own home, they are typically concerned with the home that you are buying.

One of my concerns is the new contruction that is everywhere.

my only problem with working for an REI is that I already have a job that is coming into the busy season and takes about 70 hours a week, and if I were to rehab I would cut the hours back, but birddogging I could probably start off on weekend and evening huntings also I get Fridays and Saturdays(my weekend) off and could utilize that Friday to do things that I could only get done during a week day.

many mortgage bankers follow specific guidelines in order to sell their notes, like right away.if you decide to use Hard Money - you'll have much more flexibility in terms of being able to put less down, invest in different types of properties and present your investment strategy, rather than just the property itself.what i'm saying here is, if you buy a house and use Wells Fargo - they're not going to be concerned with something like the ARV (after repair value), whereas a HML might loan you money based on that - which grealy enhances your investment options.i know that doesn't make sense right now, but with a little research - you can come to understand the old saying:there's more than one way to skin a cat...being new, just be very cautious what you get yourself involved with.

ARV of 50K; so the loan size is not really a concern.