Get out there, hustle, find real deals and the rest should sort itself out.

If you purchase a property much lower than the market is averaging how do you ensure it will appraise with the rest of the market after rehab.

Getting it done at current rates as a primary residence and looking forward to improving the property (overdue maintenance) and using the rest as down payment on a property or two!

Perhaps you could share some details about your first wholesale deal with the rest of us?

Once I have about 5 houses, if I have invested correctly, those houses should buy, or at least make big down payments, on the rest of my houses every year or two thereafter.

I found their meetings to be very useful.Kevin Amolsch runs a periodic meeting somewhere down in the tech center.

Once you are dealing with an approved short sale the waiting period goes down drastically.

I think family room (front left in photo) was converted from a garage or carport at some point (see the wood in front, while the rest of the house is block).

This is not REO, I think it's a short sale, unless the appraiser website hasn't updated the owner information yet.I don't think this group provides a real inspection period--I can come by and see the house but I do not get an inspection period like you would with a bank--there is a $2000 non-refundable deposit to hold the place.I'll see if they have the power and water on.

Once the money clears, the keys are given (plus some states have a 3 day right of rescission period as well).