A dream is but a look into YOUR future...Nobody can truly see your vision from your prespective, and though we love our friends and family, we can never let them discourage us or set them off the path we intend for OURSELVES...Im a newbie, in real estate and similar to others here, i try not talk about what im doing too much, cause you always get the "nows not the right time" or "you can loss allot of money in real estate" but these comments usually come from people that have no real knowledge of real estate investingYou are in the right place, although im new to BP i can already see that by surrounding myself with these Sharp and knowlegdable investors, i can get all the motivation i need to succeed in the game....You can too Just my two cents.... good luck :D

I have no professional experience myself, but have access to allot of people that do.

if you have a set amount allotted for the finishes, you can give them that as a credit and require that anything over and above that be paid for by the buyers, with cash deposited into escrow and being non refundable.

While 350 letters is not anything huge, I'm more a believer in the system you have set-up to market to those 350 people (opposed to simply the "number" you send out).Meaning (and this is nothing new, there is a ton of information on BP about it), you need to have a system and budget allotted to contact these 350 people over the course of time.

Thank you. our priority is definately to move in within the 60 days allotted.

With more foreclosures hitting the market, renters are putting more pressures on the mainstream complexes and allot of those were lover middle class families that could not afford a house. 

After PITI, how much did you allot for repairs and vacancies?

My CPA is saying as long as the net profits from the sale is under the % of allotted $500k (for $250k for single), then its tax exempted.

If the owner does repay the lien within the allotted time, you will get your money back with interest from 9% to 18% on average.

Travis Fisher alot of military landlords take payment that way because they have it set up as an allotment.