Just a wild guess as I have often read your postings where you say you buy 40-45K homes: do you get conventional funding for these purchases or are they all cash?

well not blindly of course. i mean if God commanded me to kill my own or anyone's innocent child, i simply wouldnt and can't see the mindset of anyone who would. ok yea that one's off on a wild tangent, so.. i digress =D

I doubt will see anything as bad as that again, but banking/lending is a wild card.

Here're some wild ideas:1 - Try engaging them in so sort of survey.

If they are purple martians with horrific credit and have wild beasts for animals, charge 3 to 5 times deposit.

Just walking thru with a couple different contractors and asking for a bid to fix up this house will get you wild swings in prices .

And again a level lot no wild foundation work.Sale price 725k kind of in the middle of what your thinking200k for the lot50k permits all in ( just a wag)220k to build house.20k cost of capital I did that at 15% apr for 7 months50k for closing cost and sales commission I would think you could negotiate lower commission I used 6% for commission and 1 % for your closing cost and maybe some seller prepaids.20k contingency.$560,000 grand total < 725,000> Net profit 165k This assumes you got 100% financing on the 470 build cost.. so your return on investment cash on cash with no money out of pocket is well pretty good..

We will be helping to facilitate her move.Bank's goal is a wild card.

,I don't assume all investors are wild monkeys doing crazy stuff that just want a yes man type to allow a client to get in trouble so they can bill them again to get them out of trouble.

Before you get started in this wild ride of real estate investing please take some time to read the Ultimate  Beginners Guide right here on BP.