I lost use of my left hand three years ago after a stroke so I type this one-handed.

Recognizing not so easy, there was a property across the street from my barbers for sale for years, and then one day while getting my haircut and looking across the street and idea hit me out of the blue and it turned out to be one of my brothers and I's best investment deals.I had a investor visit from the Midwest and when he asked the prices he had a stroke.

Then I had a stroke of genius and came up with a percentage of ARV that I could quickly factor for the typical costs.

the owner just had a stroke and has other properities. this one is the only fixer-upper, he basically just wants out. i,m taking an equity loan on my house for $40000 for down payment, closing, and a small credit line(about $12000). my main concern is the labor charges of contractors in my area. the on-hand cash would enable me to get local handymen and cheap laborers to cut into alot of the cost of teardown and disposial. also a friend workes for a local home builder and is willing to do alot of the drywall work and floors on the side.

I have my criteria, that I learned from experience, and I hold fast to it no matter how good the deal looks on the surface.Don't expect a lot of hand holding or anyone to stroke your ego.

I think he had a stroke a couple weeks ago and he hasn't done much tail wagging since July.

How do you calculate the price of the option (down stroke) and how much do you typically add to the monthly rent?

One is in a nursing home in KY (the mom), the other just left rehabilitiaon after a stroke in Virginia (the dad).

The guy filed bankrupcy last year and has since had a stroke, he's unable to take care of this property.

BTW, don't forget he also has 6 months reserves (require 3 and have him up the down stroke).