Christina will go deep into where has the market moved to what might be coming in this next year in residential real estate.Bio:Over the last 15 years as a real estate investing mentor, Christina found the greatest obstacle her clients faced was an overwhelming amount of information about investment real estate that didn't produce the results they needed.She created the Live A Rich Life - Real Estate Investment Workshop to simplify the process so people could get started at a pace they could handle, using a system that maximized results.

Your case with such a steep loss is pretty extreme in such a short amount of time, but still, I wonder if you bought this property for long-term hold or not?

However, what is a proper amount of time spent on something like this?

So we have an excess amount of money coming in now.

It could be an easy fix.

You can just approach the seller (or their agent) as a private party and make an offer, either 3% lower or whatever you think will make the deal work for both parties.....Now if you want to acquire some RE knowledge, I suppose it couldn't hurt to have a license....and it will give you a small amount of credibility (not much, it is not hard to get a license)I think you can gain the knowledge just as easily by just starting to buy and sell properties...... 

Teh amount of money saved by doing these activities myself was huge in ensuring the success of the business.

MikeI have several houses with 30yr fixed mortgages, one that used to be my primary but is now a rental.

I am Philly based as well specializing in bridge, fix and flip, ground up construction and DSCR .

I'm in search of a mentor who can provide guidance and support as I embark on my first fix and flip project.