Try and get some equity and then figure out funding options for property #2 (which I definitely want to do).I question why you are looking at this property at all.

I figured the minimum increase to list in auction from the year before would have been enough.

Hi Caleb, so what you wanna figure out is if you are dealing with a broker or a direct lender. 

Instead, I just decided to head in "that direction" and figured I'd get to the destination eventually. 

My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.

. - The appointment was generally about going over questions, but also another part of figuring out my investment appetite.

Hello all,I'm trying to analyze deals by plugging in the numbers into a spreadsheet, but I'm struggling to figure out what numbers to use for vacancy and maintenance?

Front house wasn't bad, back house was a mess but I figured I got it for free.

I get excited when new investors finally figure this out because their first deal then becomes a matter of when.

This company was big name, in business for decades, nationwide product, BBB rated, every contractor who uses the product needs to be licensed with the manufacturer so we figured we we would be okay with 1/2 down, 1/2 at completion.