A lot of these new buildings are designed differently to be "green," do not give up your profit to try to save the environment.

My intentions are to make a profit.

We're not looking so much to make a short-term profit from the renting of it, but more of a long-term objective (hoping the property values will eventually hit their values of 1-2 years ago in the next 5-8 years).So, we bought a small condo in Destin, FL.

If you teach this to a Seller, then you may be able to share in the profit at the ultimate cash sale in 3 - 5 years.

How do I generate more leads that I know what to do with in the area of short sales?

I did forget to mention that I am putting 30% down and paying cash for the renovations.So my figures look like this:purchase price 200,000deposit 60,000Mortgage 140,000Gross rents: 2,500 p/mNOI: 1,250 p/mMortgage: 931.42 (30 yr 7%) p/mCashflow: 318.58 p/mI guess the main issue is the amount of equity I am using to generate the cashflow. ($60,000 deposit + $20,000 for renovations =$80,000) Also the built in equity of $100,000 as a secondary factor has to be considered.

You'll get a small percentage, but it's worth the work and the profit.

- The main idea is profit from the current buyers market.

realty trac is a lead generating website.

The rehab expert at the M5 I went to boasted that he would guarantee a 100-200k profit on a flip all you had to do was commit to a few weeks of your time at a boot camp and part with $12,000 for his fee.