I could not find the thread for some reason so i figured lets construct a new one.If you were to rebuild this country.

Accepted in a hurry.It is a 3200 sq ft 3br/3ba that is on .611 acresDamn - they didnt counter - that pisses me off10 day option in effect tomorrow around noon.9am inspection10am subs show up for bids on closing in 2 car garage for master on one side, divide electrical, full kitchen construction on the other side and upgrade bathroomsDuplex in the makingHere is the question:Resale/Lease Purchase Option/Subject to ORRent???

I have a grandson who has come and worked with me several different times on learning how to buy and rehab foreclosures, and this Christmas vacation came and learned quite a bit on selecting properties and construction of homes.

That was a "once in a lifetime situation" that I don't see repeating any time soon, at least not in my lifetime.I have another one I bought pre construction in NC in 2004 and it rents well and does cash flow positive, but the HOA fees keep going up and I later found out the whole complex was built with a cheap roof, siding, and windows and even though its only 8 years old I am starting to get assessments (extra money I have to pay for repairs as a group) on items that should still be good for years.I want to sell it but I have a tenant with a year lease in it, and plus I am pretty sure I would not be able to get more than maybe 20% more than I paid for it in 2004.

I would think a lot of brokers would be clamoring over you.Perhaps my perspective is skewed living in a place where new agents get about 50 mailings and emails per week from brokerages that are looking to recruit...I guess stronger markets are different.Have you spoken with smaller agencies who have more of a niche...for example, those that specialize in new construction or investors?

And it will affect future sales in the same are, which will then indirectly affect your price when you sell later.You might try to find a bank that will do construction loans or lines of credit that will let you acquire and fix the property.

Found third bank to lend on construction financing and LOCJanuary was a slow month.

My thought is that with an LOC I would have additional borrowing capacity to jump on cash deals if needed, as well as float some of my current renovation projects between construction loan draws.They offered me a $140k interest only LOC, 2 year term, 5.75% interest.

My boyfriend has done construction and estimates and we can get a good first impression before bothering an agent What we mostly need is someone to do the paperwork right and protect our money and time.BTW, we're not ready quite yet- almost though.

I have been in hospitality most of my career and have done some construction.