Slim pickings!!

I can beat that in many other areas with less hassles.Some triple net commercial may be worth analyzing at closer to 5 but the hunting is difficult and probability of success slim in my market.

I can barely get paint and carpet and cleaning done for these amounts.But I would think that even a pretty minimal rehab would be higher than what both estimated...and with the slim margins, I dont see a property worth buying here.

Im not going to tell you not to buy any courses but I would agree with what Slim says.

Slim to none.

They may 'approve' a short sale that has too slim a margin to be profitable.

In the past I assumed that it wasn't worth it to go after a debt after eviction because of the very slim chance I actually collect anything.I had not considered that there would be services that would only charge a % of the recovered amount.

If that is the case my honest answer to you is going to be keep trying but the chances are slim.

220k buying at 212k is slim.220k * .03 (commision) = 6.6k8k-6.6k = 1.4k - cost of marketing and legal/paper work fees.You'd be lucky to break even and thats if you get your ask.I think you need to focus on properties with more of a margin.

Understanding is not enough either because if don't commit to a course of action and hold yourself accountable chances of success are very slim.