Unfortunately I had to turn them down due to a short time-table of army training.

The community is Savannah Lakes, in South Carolina, and offers very reasonable taxes, and a very low monthly property association dues, and no time table to build.Here is the deal:I have offered these for sale, a couple of them as purchase option, meaning, you can lock up the purchase of the property with a low deposit, which I will put in an escrow account(SC Title agency) for a year, and then close on the property after a year (tax incentive for myself) at a preset purchase price which is discounted.

The city is working with a time table of ~5 years until scheduled residential development.A developer recently made an offer and I was wondering who would be the best resource for determining whether or not the offer is reasonable.

Be very conservative with your estimates and time tables and you'll come out fine.

Get help if needed to get them leased up, look at concessions to get tenants and the time table of your cash flow to get caught up.If you are in default, you're not getting a bank loan.

A lender who has experience with the strict timetables and title customs in the reo industry.I have seen thousands of successful REO transactions, I have also seen some real disasters... lately I have been very lucky to deal with some great agents, clients, and asset managers here in the Carolinas...

Even if they're only a year or two into an existing 30 year loan, they now start over on the time table.

I'm impressed already that you have given yourself a goal and a timetable and from your response on here, you have already started working toward achieving that goal.

Advantages: Knowing about market changes immediately, paying half a commission on sales, earning a commission when buying, looking up expired listings of the home before attending an auction, control of how your houses look on the MLS, looking at properties on your timetable, not your agent's.Disadvantages: Attending required continuing education classes (some are actually useful though).

This is also usefully if they like their return and want to extend the timetable* ARV or LPP - you can structure your loan based on After repair value or Loan to Purchase price.