1) Talk to a local RE attorney, as there will be twists and nuances in the local state law that will determine strategies, and which party has the superior redemption rights.2).

I'm ambitious, determined, and so passionate about this industry because when I learn all the ins and outs I will teach it to everyone I know, whether they want to learn it or not since I've seen it change lives!

He invites you to come down and make him an offer.You drive up check out the place and inspect it for a potential money maker.What are you looking for to determine what will need fixing?

When state law contradicts the intent, as it can, it becomes an matter of determination by HUD and the CFPB.

After dealing with feeling of embarrassment, I'm determined to quickly resolve this matter. 5.

The current amount of building activity in your local market will determine the cost of construction.

While that's not your plan and certainly not the end of the analysis, it is a factor that you might want to consider as far as whether you are getting good value and if this deal is worth doing.The easiest way to determine cash flow is to plug your all-in price (purchase + rehab costs), interest rate, estimated taxes and insurance into a (BP's!)

Take #3 for example...wholesaling is not a simple step in real estate investing, it is a rather difficult strategy / job which requires skills in marketing, determining property value, negotiating, etc.

If you want to put your friend at risk, which you seem determined to do, go ahead.

You need them to provide the cold hard facts of recent sold comps, so you can determine the current value of any property you look at.