Sheriff sale is slower paced, but often very difficult to hear or know what property is being auctioned.

Housing in the surrounding areas are already scarce and the ones that are for sale are going for pretty cheap.

Run the numbers by him and see if it is worth pursuing... there is a good chance he already knows about the park and can guide you, or save you a headache.

They are your first sale.

Greetings BPI came across a Fannie Mae REO just by chance. 

Quick question before I give advice -- based on the cost numbers ($28K purchase, $50K rehab, additional $15-20K rehab, plus any purchase/holding/selling costs), it appears that there's a good chance you're going to break even or lose money on this deal.Are you prepared to do that? 

How can I get started to make my 1st sale

Additionally, I will be attending the Ocean County Sheriff Sale this coming Tuesday to observe (we have two private lenders who are interested in working with us).Thank you in advanced for any assistance you all can provide!

as Curt points out.. really any property you buy no matter were or what.. will cost you money to sell if you decide you want out within a short period of time.unless the market goes up more than the 8% that is the usual sales cost when you factor in commish .. and other closing costs.and in most cash flow markets 8% appreciation can take 4 to 10 years if ever. 

So with that being said, my partner and I decided to get into Real Estate and flip houses to rental properties to do whole sale properties and the likes.