It gives you something to fall back on if the real estate market hits a major dry spell.

This gives me enough time to hit my investors and for them to close.

Eric,You have hit the nail on the head.

It factors in all your expenses and profit and will give you room to make mistakes in the beginning and not lose money, and when you finally figure out how to do a rehab efficiently then it will allow you to make a fairly good profit (normally about 15% of the ARV).

Also you can try Postlets, but I quit since it drives the hits to them instead of to my site, maybe different if you upgrade from the free version.

You have to pay the balance at these Sherrif Sales anyways...Well, time to hit the streets, have a great day

Hit me up!

Now, when you hit "mortgage" a pop up appears that asks for purchase price of home and downpayment which makes it confusing at best.

However, there are many appraisers out their that just "hit the number" in order to make the deal go through.

Good news, due to the real estate boom, I could probably realize about $120k gain after closing costs if I sold at a price of comparible properties.Question: I desperately want to sell, but would like to avoid the capital gains hit.