Here in Florida, 'Flipping' ended it's successful days a couple of years back.  Now the last to buy into the flip is holdjng the bag!

Hi Robert-Thats what I suspected not only from Florida but almost everywhere else.  I would have thought Hawaii was also not a good flip anymore until I started to uncover properties like this one.  While the investor may not make huge sums of money on the flip, the potential is defintiely still there to make 20k or more.  One thing I do want to point out is that these properties that I am dealing with are NOT needing major structural changes.  All they need is a fresh coat of paint, new carpet, possibly appliances and cabinets and whole bunch of TLC and elbow grease.  There are plenty available.  Aloha Master Sergeant Monk.

David - You have been doing a great job finding properties below current market value. Keep it up!

The fact that buyer number one was able to purchase the REO with 100% financing and only needed to bring $2,000 to the closing table was miraculous as well. I know that he will do well on that property. He deserves it too because a week later he was deployed to IRAQ.

Jay-Thanks and I attribute your hard work to my success also.  That property was one of those that becomes an "example" to my future buyers and investors.  What he did with that property was truly amazing once he had the keys in his hand.  He called me from Kuwait yesterday and he is doing fine but just wanted to us one more time.