I know there are always a few bad apples like this floating around!

At one time I was in charge of float of over a hundred million, it sure wasn't put in any insurnace policy....

I'm not real familiar with the Syracuse market but I know Albany pretty well and there are some decent deals floating around.

This is really an old thread, BB, (before Bill, LOL).I'm pretty sure you can find or get all the inforamtion you need right here without buying any "course", but what evre floats your boat.On the first page you'll see Josh was asking a new poster about his relationship to the guru and there was no reply.

I do think it says a lot that the Appraisal Standards Board of the Appraisal Foundation http://www.appraisalfoundation.org (The banner reads: Authorized by Congress as the Source of Appraisal Standards and Appraiser Qualifications) says (as Zillow's President cites) "The output of an Automated Valuation Model (AVM) is not, by itself, an appraisal." http://commerce.appraisalfoundation.org/html/2006%20USPAP/ao18.htmSean

I generally agree with your assessment, but do you think that with all of the capital floating around combined with all the hype surrounding real estate there’s a possibility of continued price appreciation/cap rate compression from investors willing to pay more for the same NOI?

I'm sure there are programs floating around out there that will do a 1 or maybe a 0, I have never closed a GUC deal. 

There is another thread here on BP where the idea was float of one spouse 'taking a year sabbatical' from work to lower their taxable income down for a year where they can 'harvest' some of those accumulate losses. 

To me at this time unless you have the cash to float, this is gambling.d. 

Let's say your rehab budget is 60k total.You may choose to split this into 3 equal "draws" of 20k each.What this means is that in addition to covering 20% of the purchase price, you will also need to outlay the initial 20k for the renovation and "float" that amount throughout the renovation process until you receive reimbursement for the last draw.5)Sell6) Pay back hard money lender (amount borrowed plus interest)Don't forget that you will likely be making monthly interest payments during the term of the loan.