With that being said if you get lucky you can hut the ball farther out of the park with this method, on a ROI basis, then any straight RE play.I am not sure if this helps you, but hopefully it gives you another perspective on your potential deal.Good luck,Arlen

For post tax, subtract the actual tax bill from the numerator of the pre-tax calculation.

Our latest tactic was to call code enforcement for the numerous code violations, but that is temporary not a permanent fix either.

In my area a title search costs 150-250 and I can't imagine a ll the pros who do numerous houses shell out that much money even before they know if they are going to bid.

@Krystal Richardson If you are sending out numerous letters to numerous leads, instead of splitting hairs on this detail, the most important factor is to get the letters out and get the ball rolling so that you aren't holding up the process for the relatively small detail, splitting hairs so to speak.I am always interested to see how the probate play works out.

That is a slow route but if done correctly you don't need your own additional cash for every deal.Two other possible funding sources are a business line of credit (once you've built your business and develop a relationship with a lender), or find a private lender to provide acquisition funds.In sum, I don't see a method of obtaining a conventional mortgage on investment properties in need of rehab.There's a networking group meeting tonight so maybe someone there knows the solution....Best of luck. 

Direct mail marketing tends to be a numbers game so by sending out numerous pieces you may turn out some very good deals.

In fact, there a numerous women on the shows that have success stories.

Can someone share some advice on whst marketing methods I should use.Thanks, Lawrence

I've never invested in property before, would this be a prudent method to ensure an income an a place to live with little initial effort.Thanks,Tony