Guaranteed for life plumbing fixtures.Industrial style towel bars.No curtains/blinds.Absolutely no carpet.

Yeah, they're soft about the weather here for sure....but not on their deals, lol.

well a quick call to Wells Fargo later and they said you could immediately refinance the first house to its full appraised value and use that to potentially make the down payment on the second.

@Mark Updegraff - What you are referring to is the Soft Second Mortgage program available through the city of New Orleans.

What would you soft costs be?

I understand what you mean Mike, I was referring more to kitchen cabinets and sinks and islands, bathroom items (shelfs, furniture to store towels in etc,) and various ingenious items that make everyday living and organizing easier argggg this is hard to explain I need a drink :beer: lol

I have done a lot of research on short sales as I have come across many people that are upside down on their homes now with the soft market.

To buy a house, settle on it, market it, pay carrying costs, and have a second settlement can be about 15-20 % in soft costs.

Minimum investment is $50k Due to the soft market we are able to take advantage of another developers failed attempt to turn a profit and we can together enjoy the benefits.

(Basically soft sell)Having a business plan is a must.