is it possible to find MLS properties that can be flipped?
I know that listings on MLS pop up every once in awhile that are good investments, but is there really enough of these to make much money flipping properties? I'm working with a great REA that E-Mails me any listings fitting my criteria and calls me if a really good deal pops up. My question is, do I need to pursue other avenues of finding properties such as REO's, foreclosures, and FSBO's to really make any money in this game? 
Matt,
You have to market through different methods to make a very good living as a REI. You can't count on finding a property through only one means of marketing (MLS). I know of investors who spend $15K a month on marketing and buy at least 5 properties per month making at least $10K off of each. Marketing can get expensive, but spending $15K to make at least $50K is worth it.
Tanya[ Edited by tanya1215 on Date 05/11/2003 ]