We got hammered with repeat foreclosures and evictions lately.

Want to build confidence with swinging a hammer?

Pay someone else to do the work, and spend those 10 weeks finding another deal that will make you $15K more in profit...this way, you net an $7500 *AND* you don't have to lift a hammer...

I still can't swing a hammer but I now know my costs to a T.

I know one guy who simply hammers a "For Sale" sign in the yard with his phone number on it.

It is really difficult for me to turn loose of swinging the hammer and laying the floors my self.

I know that's where a lot of deals are and I really want to learn about rehabbing (not swinging the hammer but knowing what goes into it and how to manage it).How are conventional borrowers financing repairs on buy and holds?

Let's face it, we get hammered on our insurance for the simple reason that HOI is not regulated in TX.3.

Then beat it with a sledge to separate the joints.

If you plan on using your $30k portion to do that, then you could be in a world of hurts when the hammer falls and you find yourself holding the bag for a year.Take the time to calculate the costs of buying and selling the place, include money for repairs in the event it is left in a less than adequate condition to sell.