I have a friend that has a better camera that I am going to borrow and I went and got some pictures and additional pillows, etc to change around some of the staging items.

Higher/additional expenses or additional income from laundry services etc.

Additionally, Texas is a very landlord-friendly state, which will help the buy-and-hold investor.

When you get these go to google earth and take a look at where they are in addition to the photos that are listed.

The specific wording I've seen for BoA REOs (when sold to investors) is:"Grantee(s)/purchaser(s) of the property may not re-sell/record an additional conveyance document/or otherwise transfer title to the property within 60 days from Grantor's execution of this Deed."

I have $300K in saving account earning 0.85% and can save additional 15k/month.

In addition, when a property looks like crap, how do you get their #?

Offer a LO to my tenant.Ask $65,000.00$780.00 rent per month$1560 down payment (non refundable, first two months rent)$140 optionone year term, renewable for one additional year.$80 per mo rent creditAssuming they purchase after one year (which we most likely know they wont), using these figures would gross me $10100.00.Difference in rent: $3360Difference in price: $7100Consideration difference: $600Rent credit: -$960------------------------------------------- Gross profit $10100.00Seller gets her asking price, doesnt have to lose MORE on her investment and $80 a month cash flow.

Just because you can get someone to endorse a check with their signature doesn’t mean you can or should pile on additional terms.

Most likely you'd need to have some cash in addition to the HELOC, depending on market prices and actual amount of HELOC.Have you thought about doing any flips to generate cash infusions?