Buy houses at 70% of as is value.  

People really value a spa type of treatment and depending on where you are, it could make a real difference. 

However, we also recognize the time value of money, so while it might pencil out to turn a profit, but we get an immediate payback versus a six to nine month holding time, it might make more sense to sell them both as bare land.  

Getting it under market value would be a bonus.So, would using an FHA 203k renovation loan, which would allow me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

Value-addHow did you find this deal and how did you negotiate it?

If it turns out all the value of your business is in its real estate you can certainly do that.

Commercial loan How did you add value to the deal?

I realized I was pitching ideas without fully articulating the value I bring to the table.

How did you add value to the deal?

Our only debts are a 2.875% mortgage with a balance of $124k only paying $897/month on an appraised value of $325k, daily driver car of $370/month, and use a credit card for monthly expenses, but pay the balance off with every pay check.