I'm a newbie, but have a piece of information that may help some new folks out there as well. This is how I found all my investors -buyers. I live in Iowa, so not sure how this may apply to your state, but now days alot of states act this way too. Many times now the accessors office has their properties online through each county of your state. What I did was do a name search on the properties in that specific county. My search term was these: Properties, Investments, LLC, and Rentals. What this did was bring up the company name that these investors where operating under.

Hi every one! I have been reading every thing that has been posted for about 3 weeks. Wow alot of good information. I've been working very hard to get my first deal done and finaly did it! I have had some others come close but just did not work. Well I went to a tax auction on Saturday and bought a rehab property. I have private money helping me and plain to do the rehab myself. (over 30 years of construction exp) I bought this property for only $4,000.00 and have a $30,000.00 rehab buget. The FMV. for this house will be $75,000.00 TO $80,000.00 NICE!!

Just signed contract today on my flip house here in Jersey! Bought it at the end of May, will close beginning of November. Details on the whole deal are in my journal, but heres the final numbers:

Sales Price - 238,000.00
Less Commission - 10,115.00
Less Purchase Price - 130,000.00
Less Rehab - 61,187.41
Less Holding Costs - 8707.98
Less Atty & Realty Transfer at Closing-2300.00
My Profit for 6 months - 25,689.61!

Sweeeeeeeeeeet

I just closed my first property (REO)!