Buy the ugliest dog of a property in a good or great neighborhood for around 50 to 65% below the current market value of similar fixed up properties in the same area. 2.

Is this below average for the first timer?

, haven't got an answer on Goldmine yet....see below.

Unless you include the gouging in NO during the Katrina aftermath, our oil prices are still below 'inflation adjusted' records.I think one of our biggest issues is that oil is considered a 'limited resource'. yet we continue to pour research $$ into ways to product MORE oil QUICKER. and drive down costs. when in fact, we should probably have been investing in ways of driving down demand. but with they hybrid boom, i think we are finally seeing that. hopefully it will continue even after (if) prices drop.happy Wednesday-

If I buy bulk the LTV% will be lower?

Everyting I have ever seen involves location and market. below are a few good links for costs vs recoup value of the major components that are typically replaced/remodelled.http://www.realtor.org/rmomag.NSF/files/Cost_vs_Value06.pdf/$FILE/Cost_vs_Value06.pdfhttp://money.cnn.com/2005/12/27/real_estate/buying_selling/remodeling_returns/index.htm

Filtered thru those buyers and found the quickest close.

This ROI should be higher than your WACC (this would just be your cost of borrowing if you own the property by yourself).All of my comments below assume you earn 10% ROI in your area.Option #1 Do nothing and ride out the ARM.

if you can easily afford the payments on a good condition home that you'd be buying for nearly 30% below cost i dont' see why you'd have a problem getting the loan- get out there and get your approval ASAP though!!

These REO's and investor purchases account for 3 of the 10 comps that were pulled by Zillow and they are about 20% below retail purchases for the area.