Assuming your marginal tax rate was a combined (fed & state) 33%, you would get back $1919 on your taxes, assuming you had income and paid taxes.Speak with your CPA on this, as there are several different strategies that can be used, and there can be depreciation recapture, depending on each situation.

When I go to the conversation page, (where you start a conversation then corrispond with other member), I am missing the first couple of letters of the left margin.

Not a large margin on that one,b ut a fairly quick reno for a few bucks.

HELOC interest rates are based on the prime rate from the Fed, and since the Fed has dramatically cut down the rate, the profit margins for banks have diminished.

They are one of the 3 corner sections, but its the corner closest to the sidelines sections, which means the value is a bit higher (can charge more per seat) but the face value for the tickets are in a lower price bracket (higher profit margin!)

Which brings me to my next point........I would not even be looking at a deal like that if I were you unless an easy realistic sales price would be 120K+.I don't try to make the marginal deals work, I want plenty of built in profits.

First hopefully if i ever can get a deal after repeat business i would ask the agent to shave a 1/2 to a point on repeat business on the seller's comm. and i would only think if the margins where good would you consider paying closing cost or splitting them with the buyer but only on those condition unless you we're pressed to unload the property.

IS THAT A GOOD FEE ON THAT MUCH MONEY I REALLY DONT KNOW HOW MUCH MARGIN THERE HAS TO BE TO MAKE 5 TO $10000 A DEAL.

Haven't read all the posts but I'd like to make a quick comment.Don't know how pricing is in your market but, in many parts of the U.S. during this current market $125,000 payoff worth $150,000 isn't the type of margin to get real excited about.

By a slight margin, non-judicial foreclosure states outnumber judicial foreclosure states.