There will always be instances where you may be able to negotiate a lower price.

California is famous for its one-action rule, in which a lender must carefully elect one action to take against the borrower if the borrower defaults.

For this instance let's just use 70%.70% of $75,000 (the ARV) is $52,500$25,000 is the purchase price and $25,000 for repairs equals $50,000.

Plus, there are always instances where you will need to have cash to make a deal work or for additional marketing.

For instance, if the market right is that houses are seling for $225,000 and the prices are dropping at 7% per year, but you'll have the house on the market in 3 months, then you'll want to subtract only about 2-3% from the value -so your ARV would be $184,000 from which you'll subtract expenses.ARV $218kRehab $ 30kBSH $ 27k (15% of ARV)Profit $ 30kMax Offer $131kYour $120k offer would be a good price for the house - I might even start neg. lower.

that in the first instance the property has already been taken by the county, and in the second, a lien has been placed on the property. if this is true, then I could buy the first property outright, and the lien on the second.But I realize now what I need to do is talk to the county, not pester you guys about knowledge I can find out for myself.

For instance, I have a seller direct to an institutional trade desk, that would mean there are 3 people on the intermidaries invovled just on the seller side.

For instance.

I will simply quote Richard Davis, the original star of Flip this House, Owner of Trademark Properties and arguably one of the most famous flippers in the country, at the end of the one episode where he rehabbed one of his rental properties for a new tenant.

Taking the calls, for instance.