(For all of you investor's screaming NO, should be only $250, that is absurd.

How often have you heard someone go on Dave's shows and do their debt free scream just to hear that they paid off $75,000 in debt in 36 months making making $50,000 per year.

Hi Kim,The house is screaming for a proper proper porch/entry with a portico... it would completely transform the front facade and give the house some much-needed curb appeal.That said, with your extremely limited budget, the next best solution would be build a MUCH bigger wood porch over the existing one (no demo cost, and it's below the entry treshold) that extends a few feet farther into the yard from the house, and if you can afford it, to the far right small window.Either way, build two simple fat columns at the corners of the porch that would be about a foot higher than the railing, and positioned just outside the two smaller windows flanking the entry door.Then, paint the entry door a deep, very rich burgundy.It probably would exceed your super-tight budget, but would absolutely be worth the investment.

40% equity from an investor is frothy, but those are some screaming rates for hard money.

Brokers do not do net listings because they rarely work, and in those cases when you do get a decent commission the seller often turns into a troll and screams you conned him out of some money that belongs to him and wants what he considers the excess.

The homes that I deal with are mostly post 2000 build so they are in decent shape only needing cosmetic changes.Being an engineer I am way too analytical and have lost on some screaming deals, but again looking back is always 20/20 :).

The owner owes 174k and pays about 1700 a month for PITI and utilities (including electricity, the association fee and heat fuel) and is selling it for that much OR with 4k down they will provide financing for up to a year after which they expect to be cashed out. as far as the subject to they are not looking to do anything like that. i was informed that if the property isn't sold by march they will short sell it, so my guess is that while they aren't necessarily hurting for the money, they don't want it tied up for an extended amount of time. for me this situation screams for a sandwich lease, as i will be flipping it to an end buyer within the next week, but if anyone has a better idea, i'm open to suggestions.The second property is trickier.

I'm not looking to buy right now, just learn, and this one screams scam to me.Do all good deals look like scams?

The numbers just don't scream any sort of short term profitability.

I stay away from Navajo or Antique whites - they scream 'rental' and look old and dingy to me.