Originally posted by James Harkness:Most people don't look at their personal residences the same way that they look at investment properties.

Hi James, do you have a deal in the works now or are you trying to figure this out?

check with james ward - aka "crosswind" and scott hubbard here on BP.

Danielle*Edited to add that James gave some good advice... calling - without committing to anything initially - and fish around to see what they hope to get from you.

Hi James,What ratio does your company use when a homeowner is paying other debtors?

Originally posted by James Harkness:I think that if you find a good deal, the ARV would end up such that the hard money will cover your purchase price plus repairs.I'm not understanding that theory.Let's say the ARV is $400k.Purchase price is, say $250k.and repairs are $50k.The 65% loan on purchase price would be $162,500Still don't know where to come up with the $50k for repairs or the additional $87,500 (difference between loan and purchase price)

Originally posted by James Ward:If you are Selling to a FHA buyer and you are going to sell it for more than 20% of what you purchased it for, you need to be prepared for the following: 1) A SECOND appraisal.

James, Welcome to the BP site.

Also, check out smashingmagazine.com or thebestdesigns.com to get user interface ideas--I cannot tell you how many people in real estate approach their website like the king in the story "The Emperor's New Clothes."

James is absolutely correct.