It is all mathematics after all..Given the cash coming in, constant capital improvements, meaning changing but constant depreciation flow and therefore return with minimal taxes being paid,unwinding earlier must be the result of that emergency need or the said bubble in values resulting in a chance to eat the cap gains, depreciation recapture and still be able to beat that return with a risk free investment of the proceeds left by Uncle Sam and local state taxes.As far as believing a bubble is ever expanding like our universe, well,Hogs get fat, pigs get slaughtered.. as always.

I'd replace the HVAC systems if they were more than 20 years old, regardless of whether they worked.So, the age of the house and the mechanicals would go a long way towards determining how much this rehab would cost.If this were one of my flips in my area, my guess is that I'd spend $30K and it would undergo a complete cosmetic rehab with new roof, new HVAC system, all new fixtures, etc.If it's in better shape than that, then obviously it would be less...

The fat greedy apartment complex owner?

I'm dressing up as a fat rich guy LOL!!!

Yeah, but she's exactly like Obama in that she's a big fat liar...

I have posted some info around looking for private lenders, but could use some tips as to where to look and if my approach is ok.What follows is what I have drafted so fat for preliminary info on the deal.

Look for neighborhoods undergoing gentrification, if possible.

The last few years have necessarily caused us to focus on shoring up our balance sheet and learn to raise equity capital instead of being dumb, fat, and happy on debt.The silver lining is that those who can figure out how to do things the hard way have a lot less competition and the returns are fatter.

That means build the bank account as fat as you can make it.

Nobody has W/D.)Asking $290K for the place.Near the downtown square - the town is undergoing a revitalization currently and there is a 12-story highrise going up in the next few years just one block down the road.