You will find a tremendous amount of information here.

Hey all,Im glad to be a new member of this great community, ive been reading the forums for a few weeks and its amazing to see the tremendous amount of quality information available here!

You might be looking at more like 20% off.Either way you need to factor 10-15% minimum of ARV (depending on your financing and how much a realtor/auctioneer is charging you) for holding costs, resell costs, and closing costs.If you buy it for 190K, you sell it for 220K, and it takes you 2-3 months to actually close on it when selling with a 10% premium to the auctioneer and closing costs, you just broke even while taking on a tremendous amount of risk.Keep in mind when auctioning it, the auctioneer could take upto a month to market the auction and then the buyer will still probably have 30 days to close.

I am going to find this site to be a tremendous asset.

Our site has been experiencing tremendous growth, and this growth has led to a difficult day.

Unless you are providing the equivalent of a mil-spec for the scope of work, there is a tremendous variable in materials, application, preparation, workmanship, project management, and 1001 other details.

i found this topic/thread very enlightening.the new TREMENDOUS emerging market is foreclosures.shorts, etc.

It is a great way to become wealthy because it gives you tremendous leverage potential (your ability to use credit to acquire more assets than the cash you have).

Property values have been escalating for the last 5 years at a rate of 15-20% per year and so far the down turn in the U.S. market has not had much of an impact here.

I hate to see you avoiding this tremendous tool -- it's just a matter of opening your mind and learning how to do it right!