have you looked into bank owned my realtor sells a bunch of those if u can spend what it takes to get the places up tp par there should be room to flip

You would either need to find a partner to help u with the deal or save up money as fast as you can so that you can put a cash offer on a future property.

Much success to u for 2018!!

as @Sam Grooms said, commercial U/W can be very valuable.

I would say do some comps for recent sold properties that’s remodeled and see how much your flip would be sold for if u do the same amount of work, then you can tell if you are making a profit or

Check the down spouts as u mentioned.

How do u recommend I build a relationship with a local lender ?

What software or services can u guys recommend which would get me good leads and deals, but at minimal cost?

@Nicole Heasley,Yes - "Hard Knocks U" is THE most expensive education out there and the only "student materials" are the aftermath of the deal.As other posters have noted, it was very likely that the analysis of the deal was incomplete before a financial commitment was made, leading ultimately to the loss.

Hi @Corderos SMith,The local government down payment assistance programs are mostly a shell game.If you worsen the interest rate pricing by, say, 600 basis points, of course a lender can afford to give a "grant" for 500 basis points.