Due to the heavy market crash in the Phoenix real estate market, I found myself working primarily with investors looking to build rental portfolios on cheap homes and for properties to purchase, renovate and re-sell.

So if they can get the homeowner to sell the house for $60,000 - then the investor can re-sell at $100,000 and keep the $40,000 in equity as profit.

It was by a local lender who resells their loans to Fannie Mae.

Financed offers must have BAC pre-qual, BAC employees cannot purchase home, Deed restruction language for cash deals transactions The Grantee(s), or purchaser(s), of the Property may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor's execution of this Deed.So, am I understanding this correctly?

This is the trouble with all of us who re-sell to buyers who don't have cash.

In MD that would only cost me a couple hundred bucks and guarantees he can't resell it.

They can afford to buy properties that don't cash flow too well because I believe their strategy will be to resell these homes when the market recovers. 3.

A couple of my most active real estate flippers in the Utah market called me this week with a problem. Both of these investors are still sitting on their most recently rehabbed properties after nearly 6 months, and t...

After closing from both buy and sell side (purchase and then resell)that takes it down to around 30K potential profit and then insert private money. 4% origination fee, other fees (inspection, survey, etc from hard money lender) that totaled about 10K ,along with the 12-14% interest payment each month (approximately 1200 per month for 3 months) and you are left with about 14K profit pre-tax.

Call a salvager in your area, they might take them down for less if there are materials they can resell as part of their profit.