Would love some feedback on this cause I have been trying to figure out how this could be done, and maybe it can't.ThanksPhilip

I figured I would have had more CA response but first posts were from Cleveland folks.

I figured I could just play stupid and say I thought they moved out but never got their key back so I changed the lock.

Note buyer can literally decide in a few minutes if they want a note or note.. and the notes are constant they are always in inventory .. no hunting and needing deep contacts like the secondary market. for NPN or big note tapes.. that get sliced and diced.So once you figure out what space you want to go in.. then you can narrow down your focus..

I figured that before asking and running the numbers but wanted to see how much margin they typically use.

Hello BP, Im a new Investor and I'm planning on Flipping a house soon once I figure out my funds, but my question is do I need to get an LLC before hand?

If you are renting out you should figure out if you can get a second entrance (variance?) 

The landlord has been charging  approximately a much lower rent than that of comparable properties in the area.

You need to figure that in. in addition the tenant you have will influence the tenants you get.

-The house Is in New York has- he has a fire extinguisher company and won't list it because he actually services many of the real estate companies and is afraid to favor one or the other and inturn lose a client- he has nine houses in Pennsylvania - original loan was 660k 760k if I remember correctly - has paid 250k- has all floors ( basement, 1st and 2nd) rented only top floor has a lease total rent colle is 5500- supposed market value is 1.1 million - he's willing to take 960k- might be open to terms since he's already renting.As long as he keeps the title-sounds like the house doesn't need many repairs but i have a friend that is a contractor and he can Help me assess any repairs Hes a savvy new yorker so  I rather give him options instead of just 1 cash offerCan anyone help me figure this out ?