Mark Ferguson - I did talk to a local CPA.

Hey Mark,I did a deal like that last year, where I purchased a bank owned property at a discount with hard money (to snag a better deal) and then did some minor repairs and refinanced.

This of course is within the FHA loan limits of values; it is not as prevalent in the higher end markets, though they too are experiencing some valuation increases.Interest rates being low is only one item, lack of inventory, previous short sale victims now at 3 year mark after short sale, thus qualify for FHA loans again, and many other factors are driving this market and it should continue for a while until the market shows signs to the contrary.

Mark Ferguson from a search engine optimization stand point - the back link is all you need to gain a higher Google ranking.

Mark Ferguson - are prices climbing in your area as well?

I'm a foreigner investing in Atlanta trying to handle everything remotely so I realize I WON'T be getting the best price on rehab quotes I'm merely trying to ensure I'm not paying a ridiculous 50% mark up or anything.

Mark Ferguson - Incredible!

I guess I'll have to mark the studs beforehand :) Were you able to kick any doors off the hinges?

Great theme Mark, they don't outlaw asprin that killed my aunt Ellie, them asprin companies pay those politicians you know, but they outlaw.... :) Pat, not sure I can relate to that one, but it's a funny story, I'll work off that thought...And yes, global warming will be on the list, most around here are skeptical so it's a good one to play with thier minds ...

Thanks Mark...!