it's the best house we've seen in 6 months - perfect rehab and i mean PERFECT.the location is AMAZING and the house is screaming for minor repairs mostly with exception of kitchen cabinets and retiling the floors in bath and kitchen.landscape needs some seed and a few nice bushes/plants.the roof is good.the shingles - need paint.it's all around a nice little house with A LOT of potential, but at 295 - NGanything over 270k - you're pushing it.

I am not screaming bad deal yet....I guess the answer on whether this is a good idea would depend on your credit, income, and assets.

Dick - Thanks for backing things up with some real data instead of screaming hyperbole.MGD - As GreenHorizons has said, you should try a different tactic - screaming that you're in the hottest market without sharing the facts with us is a waste of time.

Landlord is littlebit crazy kind (On one occasion when I complained about some minor issues he started shouting and screaming over the phone with lots of F*** words since then I actually stopped communicating to him) and I think I may have to involve authorities, if that stage is reached where should I complain or should I just get the help of attorney.In any case I would appreciate your response and help in my problem.thanks in advance,Rental7

Again, the issue is:Purchase Price+Purchase costs (commissions etc)+Repair costs (including my time)+Selling costs+Profitmust be >= Sale Price.Without relying too much on home runs in either the purchase or sale price (finding a screaming bargain or getting a stunning sale price), is it realistic to find a deal flow of houses with purchase prices low enough to make the whole thing profitable, assuming you're looking to sell at the end rather than hold for rentals...

We took him to the ground and the whole time he was kicking and screaming like a real bad ***. 2 weeks later I get a call to meet this dirt bags sister at his house.

so much has been written about keeping a positive mindset - you could literally get lost just thinking about it.i think what's most important for alot of investors just starting out is to approach everything you do with a an attitude that screams -I'M GOING TO DO THIS AND MAKE IT MAKE ME MONEY!

While we hate to be offline, even for a few minutes, this is a necessary move.Thank you in advance for your patience, and we'll see you back on the site when we're back up and SCREAMING!

He ranted and carried on and screamed that I was a bigoted bastard who was abusing him for no good reason.

The banks were screaming bloody murder when unregulated mortgage brokers hit the streets and it took about a decade just to have a broker get a license, now, the broker is held to almost the same banking standards in may respects, so that is a big plus for banks to get these small brokers off the streets, for most folks it means if they need a loan they'll have to head to the bank.Scruggs and other seller financing gurus brought much of these new requirements on seller financed deals, if there hadn't been scammers with the rinse and repeat set ups seller financing probably wouldn't have gotten hammered as it did.