With numbers this tight, you need to look at all the factors instead of using the 50% rule.

But you have to pay CW before their deadline, whatever it is.Usually the lenders catch the subject to sale and call the loan due.

Lending will likely remain tight (banks insolvent)2.

However, lending is tight everywhere.

I have won the REO on 09/28 on the auction in Miami for $52000, and closing got extended twice. 12/28 is deadline. the case is: there is no appropriate parking lot so the grass in front needs to be paved, and chain link needs to be fixed.

I have won the REO on 09/28 on the auction in Miami for $52000, and closing got extended twice. 12/28 is deadline. the case is: there is no appropriate parking lot so the grass in front needs to be paved, and chain link needs to be fixed.

At best, you'll be break even if you have to sell. 20% is better, but still tight. 30+% would be better still.

If you sell one they just release it from the loan.All the banks are tight right now.

Matt If you want to be in the game for a long haul, make great money and sell your properties faster then the rest then you will always want to make sure you keep your numbers tight so the end buyer (investor, rehabber etc.) has plenty of room to make money.

We have offered options to purchase at lower price points to property owners with known "deadlines."