I did have a bpo agent friend go there already and he said it would going to be a gamble to rehab and sell but to put it back on the MLS he thought it would sell at $60k due to the land prices there.

Please, any advice would be greatly appreciated, while I continue to immerse myself in the forums here.

But i'll admit that life has it's gambles.

I want my profit NOW, not the hope of profit in a year or two.For gambling, I like Las Vegas.

Employer Trend: Correct me if I wrong, but isn't the gambling industry (and all its subsidiary business units like entertainment, hospitality, etc.) the largest employer in Vegas (most likely followed by construction and then the convention industries)---if this is the case, the industry isn't known for employee enrichment/income advancement.

That was a few thousand dollars I was not going to gamble on even if I did have a little more wiggle room left :wink: that was still there for the surprise factor....you know, "surprise, I didn't count on that needing to be fixed" Glad I passed on it, I was watching another one slowly drop in asking price.

Should I gamble?

I also think that many investors are going to be willing to gamble for those real high returns.

Eric - yes I get that gambling vision when I see the avatar....but to the question...I am also a realtor and my pic is on my card.

Originally posted by "keithsan":...In most cases I'll assume I can take the 20-25% from my home... ...I'd like to avoid putting the collateral on the family home but would do so...Only gamble what you are willing to have "taken from you"!