Brian; we have a section 8 resource page if you click above on resources and then check out sec 8 resources . or if it is too cumbersome to navigate you can also call your local section 8.

Everyone that wholesales says to use a 2-3 page contract and thats it...

You will negotiate with him on he gets his principal back along a time period and perhaps related to a specific percentage of yield for the use of his capital.

I will probably just be a lurker for quite a while, but wanted to make an intro, and hopefully I can contribute some useful info related to marketing and sales.

Sad part they have a web site and every thing and I think some thing should be done to shut down all the scam artists in this industry.

Melisa Ramos is marketing a property that has many of the attribute but not all that Nick Sidoti talks about. http://www.biggerpockets.com/forums/58/topics/73671-36k-rehabbed-3-2-1500-sqft-in-atlanta-gaI brought the topic to the first page so you can find it.I have not attended any of Nick Sodoti's seminars but understand many of his concepts. the proof is in the pudding as they say, so anyone who has experience with this process is welcome to explain it to us.

Welcome to BP Daniel, I caught this on the second page without an answer.It could be it went unanswered because with a little reading here most all of your questions would be answered and there were so many questions it's harder for someone to keep them all straight to give an answer.Seems most interest is in refinancing after work is completed, yes you can, but only to 75/80% of the value, you won't cash out to 100%.Financing rehabs is usually local, there are fha programs for small fixes, but you need to speak to your bank and a good mortgage broker.

I'd much rather they go to a friend or relative.

It's generally as cheap, a heck of a lot easier, and faster just to have someone do it.As for bookkeeping, collecting rent checks from my P.O. box, answering phone calls... those are all relatively little time with big rewards.I also outsource the tenant placing... 1/2 months rent ($200 - 300) is much easier than driving up 3 - 10 times to show the apartment.

All related.