I began scouring foreclosures, REO’s, and craigslist.Eventually, I came across an SFH REO that had been on the market for 15-16 months.It was initially listed at $89,900, and was down to $39,900 by the time I looked at it.It clearly had plumbing and a kitchen for an un-permitted 2nd unit upstairs.The conversion from SFH to duplex would be easy.It basically needed everything.I decided to put an offer in.I felt like I could make the numbers work at $25,000For those still reading, here was the process: My initial offer was $10,000 w/ $500 EMD all cash.They countered at $35,000I went up to $15,000 and they stayed put (oops, over-played it)So, I counter at $17,500—best and final offer.They counter down to $25,000 w/ $2500 EMDI email my lender, and let him know that I am at $25,000 (he knows that was the target was), and told him that I wasn’t done and wanted to bring him down further.He says “Let me get this straight.You got them down from $40,000 to $25,000 which is 37.5% off asking price, and you want to get them down further???”

Hey James, I've been out of Nashville for about 2 years now but still have a few holds in the city and a good grasp of the current markets in the northern outlying cities (i.e.

Your license is generally a 75 hour course (can be done on-line) and a $50 test.

So far I've done multiple doses of hydrogen peroxide and a few rounds of sanding in between.  

It needs little work;  just a fresh coat of paint and a new subfloor in the kitchen.  

I am looking into making that site more professional looking, as well as, adding a picture and a bio of myself so people know who I am and who they are dealing with.

Yes, there is an "Agreement to Terms" and a contract.

Ive sold off some of my poor performing properties, and a few of my ones that have appreciated considerably so that I could raise capital to trade up into the apartment building arena.

I'm an electrician by trade and a military veteran.

neither are very accurate... you need to have a list of comparable homes that sold in the area that match  the house you are looking at  in lot size ,sq feet,  bed ,bath, outside finish etc  and some time houses even a few blocks away don't match because  they are over the tracks or a hwy or something that makes them a different neighborhood... you need to find a way to get actual sale prices of homes sold in the area and a way  eg feet on the ground to tell you if they are fair comparables.. your offers  and your profits depend on accurate comparables so you can judge  what you are doing... just my thoughts