*I've found that such people typically turn out to be horrible clients, because they do not know what they want starting out, and will continually add on and change things throughout the life of the project.

He pays cash and then has a project to focus on.

There are a few forums that should be right up your street when it comes to experience with refurbishment projects and rental property.John Corey

If there was another project they wanted to get started on they might be motivated to cut the price, dump the property and then move to the next deal rather than lose out on the future deal.John Corey

My first project was an I-Hop

Or they expect a long project so having a buyer lined up makes little sense.You advice makes a lot of sense but only in a specific context.

I have the cash available to purchase property up to 300k obviously I want to spend far less on my first project and would have cash for any work that needs to be done, which I have the skills and tools to do anything needed.

Hello all,

I'm new to real estate investing.

Recently, I found this 3br and 2bath home that has fire damage upstairs. The family never repaired the damage. I was able to negotiate to get the house for $10,000. Th...

As you know, the florida condo conversion market was hot...and I was selling out entire conversion projects.

I turned it down since I don't have alot of debt and don't want alot of unused credit showing up; however, if you own rental property there comes a time that you see a fixer upper and need short term money for a project until you get long term financing.