You could go either route but don't mix the two in concept as one is a mule and the other is a horse.And, the requirement that properties be listed for sale by a bank is a bank regulatory issue having nothing to do with the NAR, it ensures that the property is held for sale in a public market at its assumed fair market value.

However, since I am NOT an expert in everything I assign a value for how confident I am in each estimate and use that to generate a LOW and HIGH estimate value.

The Net Present Value of deferred taxes is a big value driver.

I like the West Mobile area, its class A area, you can definitely find deals there, 3 bedroom with 2 bathroom for around 220k or so, you may have to wait a couple of years for positive cash flow but properties there increasing in values better than others.

How did you add value to the deal?

We build something of high value, like a lead management to replace a spreadsheet, or an automated document merge/eSignature system for contracts or propsals. 

The city screwed up and liened Direct Charges on the common area which has an assessed value placeholder of $1. 

If you refi at 80% of $575k value then you can pull out about $460k.

Hello,Great job on proactively creating value in your current FHA property!

Very good   we sold 3 flips last month and working on 2 right nowWe bought a bunch to hold as well1 piece of advise - don’t buy on market I am buying w issues   I solve whatever issue and make a lot of equity or moneyStill hosting 2 nd weds of the month which was last week  and tonight I’m the guest speaker at the Reia You have my info  if I can bring you value let me know