I send my apologies for being so excited I forgot good manners.

Once I figured that out I know what to expect going in.I must admit, I'm guilty of this.A great number of successful REO listing agents perform in this manner.

The loan does not specify who you have to use for the repairs (even the borrower), but they have to "be qualified to do the work and complete it in a timely and workmaship like manner"The budget would be very important as the funds for the repair are limited + small amount of contingency funds and are held in escrow until the completion of work.If it is a HML than the budget would still be important as you would have had to calculate them as accurately as possible to protect your profit.

Hence you are re-investing the profits to grow the business to a more sustainable level.Like a start up company you have to put in money to get things off the ground.

Even if someone pisses me off and attacks me personally, I approach it in a respectful manner :)all cash: Thank you for the suggestion of TX tech program, I will look into it.

Would it be sustainable, profitable on any level?

I am looking at a property to flip but wonder about the ability to sell it in a timely manner.

Please provide more details so that we can respond in a more thorough manner.

I hope that we can sustain all of the enthusiasm from everyone even after the contest ends!

.) - in a serious manner; "talking earnestly with his son"; "she started studying snakes in earnest"; "a play dealing seriously with the question of divorce".