sounds like a problem any wholesaler would love to have - no competition and a bunch of cash buyers. if that's how you got it, I would highly recommend getting with a RE attorney to write up some assignment contracts and go out and knock on doors and send out mailers to find sellers.

Originally posted by J Scott:... if you try to sell FSBO, don't expect any agents to come calling or knocking on your door.

I don't see any possible scenario where the duplex could bring that much more cash flow compared to the SFR.SFR tends to bring 40-50% more per door when compared to duplexes.

One of the drivers of the mortgage crisis was the US model of origination with intent to distribute the risk.

I pulled over, took the sign out of the ground and knocked on the guys door... here we are today, i have always been a believer that the early bird get the worm.

I'm currently still working the bathroom, then the kitchen, then landscape and update doors and trim around the house.

The inspectors down here make your life miserable, when they walk through your door they look for anything they can get you on regardless of what they came for.

Nice new garage doors, different color shuttles, front door entrance definitely makes a differenceDid you find there still a market for stainless steel versus all black appliances?

If you have the deal under legal contract, you can either sell (assign) the contract (if you used the words "and/or assigns" in the offer (which is what most wholesalers do) or if you didn't use those words (like with Bank REOs, which won't let ya) you can do a double closing, which means you buy the house and then re-sell right away (within minutes).

$3665 - $2966 = $699/month ($174/door) x 12 months = $8388/yr $8388/$56000 down payment = 15% cash-on-cash return. pretty good. 1 thing you don't mention is how much initial rehab is involved?