Originally posted by @Drew Denham:Rhonda Rowland Found two off market properties which the home owners owe more than I want to pay.

@Woodward William Beardsley  @Drew Purvis  @Mark Jacobsen  @Walter V.

What originally drew me to the area was the arts district and the fact that the houses are pretty inexpensive.

With that said, there are two factors that drew me to REI that paper does not offer: Leverage (amplifies yield and, yes, also risk), and tax benefits unique to REI (ability to depreciate and write off interest and business expenses, not to mention 1031 exchange).

@Drew Markert For the most part they wind up about the same.  

I drew drawings and had trouble seeing how things fit, so I hired an architect.

He recently drew up plans for a new interior staircase for an REO listing I have.

@Drew Reynoldswow I didn't expect a yes on the second one. 

@Andrew Geib Hello, Drew.

Hi @Drew Shirley, on the extreme value add I mentioned, our loan is 4.5%.