They are similar to realtytrac.com but they are essentially real time leads.

Researching the right areas to focus on to find those deals is essential, but in my experience a smoking deal will bring the investors running out of the woodwork.

If a change or fix is essential to selling the property (i.e., fixing those holes in the walls), you have to do it.

It seems odd this would be selling where it is, essentially a 24% cap rate.

For instance, do a few fix and flips or REO/Short Sale flips for large checks and essentially double your savings account(obviously might take a little while but certainly doable) now you can buy a primary home and still have 150k to play with.

Thanks for the compliment.You are essentially talking about a fix and flip sort of approach.

In Colorado we use a deed of trust with performance rider that essentially enforces an option to purchase.

Essentially, you'll always have a partner in your investment.

I can see why you may want to get creative and essentially borrowing money to make that first deal, as waiting and saving your own money can take a while, but don't rush into using that same method to do anymore deals.

Hi Steve, here are few general tips, hope you find it helpful.Planning and preparation are two essential aspects before considering home inspection.