Your best bet is to ask whoever will conduct the auction what payment method is required by the winning bidder.Watch your P's & Q's on this one, something about the whole deal smells a little fishy.

Go to the engineer meetings, meet with the contractors, meet the planners, municipal councils, lenders, investors, etc...find out what they are all looking for, over time you will find what it is you are looking for, then you will be able to smell the BS a mile away.KG :mrgreen:

.), but it's a start and at least they're off their couches and into Capitol Hill, where the battle gets waged.http://www.inman.com/hstory.aspx?

Now that I think about it isn't he the one that had a long legal battle with Russ Whitney?

I don't remember smelling anything quite so nasty as that...So yeah, I got sick doing a rehab.

okay, here's an example:we're currently negotiating a house in the number one school district in the statein a premium townshipin a specific area with absolutely beautiful homes around iton a .35 acre nicely shaded flat lotwith a sunset right in the back yardthat is in need of minor repairsthat looks aweful to the untrained eye - and i mean badthat smells like catswith hardwood floors throughoutin need of a kitchen redo (cabinet refacing)needs minor upgrades to bathroomneeds quick finishing walls in basement, throw down some rugsneeds driveway pavingHOUSE was a rental, husband passed and wife wants to sell it.asking price: 299,000 - as is - it is probably priced about okay for the condition it is in.Price we're negotiating for - 265,000 (maximum)Projected repairs - 23,000 (we do the work - 1 month completion)Projected Closing Costs (X2) - 28,000Projected Holding Costs - 15,000 (6 months - 8% 30 yr term - just a regular PITI)ARV - 395,000Profit - 75,000the above numbers are extremely conservative.

Unless you own some land that they want to rent, it's probably pretty tough for you to get a superior return when dealing with those big boys.I think if you were to "google" the words billboard and Houston you might find some pretty good background on how one of those outfits was continually hosing a landowner in Houston and the ongoing (for about 8 years) legal battle he had with them.all cash

Be strong through this battle.

If you wanted to use another lender at that time you could it is a free country .Let me be the first to help validate your claim of exclusivity.Provide me their number and addresses in question via PM I will contact outside of you in the next 24-48 hours.If it’s just as you say, I'll be the one to run back here and cosign for ya.I’ll be your cheerleader and tell the world, da*#n MGD does have this locked up.Because right now it just isn’t smelling right brother...LMK,Guru_wanna_be

Needs new roof and there is a smell of gas in the top unit.