Being successful at rehabbing requires extensive experience in multiple different areas.I would rather recommend focusing on ways to build up some of your capital and learn to swim in the shallow water before you jump into the ocean.Wholesaling, birddogging, lease options, subject to's, contract for deeds, and owner financing are all ways to start with little or no capital.

Unless you have extensive knowledge and connections with rehabbing, financing, market analysis, and just general real estate investing, I think you are setting yourself up for failure trying to break in to the downtown renovation game right now.For a beginning investor, I would rather you start out with something safe that has a strong possibility of bringing you a quick return rather than play the dice and hope it hits in time, and that advice has nothing to do with being my competition.

This topic has been covered extensively.

Now I understand that this topic has probably been covered, but I would just like to bring it up in order to hear from other new members with knowledge in financing and help me with it.I am interested in buying condo in a very nice are where property values are steadily rising along with rents.

God Bless,Knowledge

Make sure that you are fully prepared for the work that is involved in a project that extensive.

Welcome Shawn...you have definitely picked the right place to learn the ropes....there is a wealth of knowledge on this site.

Thanks & God Bless,Knowledge

It seems as though many of you have a wealth of knowledge to offer.

My question is, what is the best way to protect my interests here (i.e. my knowledge of a great opportunity)?