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<blockquote data-quote="BryanCain" data-source="post: 5355657" data-attributes="member: 587937">Find yourself a buyer before you do anything.&nbsp; Find a person that actually needs what ever you may build before you sign any papers.&nbsp; Then go around with the buyer looking at houses and find a seller.&nbsp; Ultimately, your only goal is to take care of buyer&#039;s needs.There is a lot of strategies you can tap that will allow you to never have a dollar out of your own pocket.But first find a buyer.&nbsp; Then find a seller.&nbsp; It is much easier to be in the position of a broker than that of a trader.&nbsp; If you first buy a property then put a lot of money into it, then put it on the market.&nbsp; You are basically throwing dice on a gambling table.The only time you want to own the property is if you are going to use it as an investment.&nbsp; I.E. - Rental for Income.&nbsp; And even then you don&#039;t want to own the property in your legal name.&nbsp; You want to control it through the different legal entities available.&nbsp; Preferably an LLC.Lots of stuff to learn and find out.&nbsp; Flipping a house can be done with no money down if you play it smart and it can be very lucrative.&nbsp; It doesn&#039;t matter about markets if you are connecting buyers and sellers.</blockquote>

[QUOTE="BryanCain, post: 5355657, member: 587937"] Find yourself a buyer before you do anything. Find a person that actually needs what ever you may build before you sign any papers. Then go around with the buyer looking at houses and find a seller. Ultimately, your only goal is to take care of buyer's needs. There is a lot of strategies you can tap that will allow you to never have a dollar out of your own pocket. But first find a buyer. Then find a seller. It is much easier to be in the position of a broker than that of a trader. If you first buy a property then put a lot of money into it, then put it on the market. You are basically throwing dice on a gambling table. The only time you want to own the property is if you are going to use it as an investment. I.E. - Rental for Income. And even then you don't want to own the property in your legal name. You want to control it through the different legal entities available. Preferably an LLC. Lots of stuff to learn and find out. Flipping a house can be done with no money down if you play it smart and it can be very lucrative. It doesn't matter about markets if you are connecting buyers and sellers. [/QUOTE]

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