Then the agent was working with me very little she showed me a grand total of 2 homes which took one afternoon.

But if you like to go play golf, take cruise vacations, play with the kids and/or grand kids, maybe the long term rentals are more your speed.

This is my semi-annual visit the properties in Dallas, Rio Grande Valley, Florida, and Arizona.

I HAVE PUT PROPERTIES UNDER CONTRACT AND IN LESS THAN AN HOUR HAD IT SOLD WITH A GRAND EARNEST MONEY.

You may get sued for discrimination.PGAin't life grand?

Just to be safe I could up the repair cost up to a few grand, but nowhere near $10k in repair work is needed on this house.Originally posted by Brian Hoyt:General rule of thumb is that you SELL the house for 65-70% ARVSo you offer:65% ARVminus repairs minus desired assignment feeTherefore offer = 0.65*65,000-500-7000 = 32,800I doubt the house needs only 500 in repairs.

I would assume you want to make at least a few grand for your efforts.

I keep trying to get them down to 133,000....so I have a tiny bit of money left in the account for fire insurance but they wont go any lower.Can someone lend my IRA 5 grand and if so how is that done?

Although this would break the MAO formula of 70% - repairs could I still wholesale it and do an assignment of contract and make a few measly grand since it has about 70k in equity?

If there is a good deal with a little work to be done, its no problem coming up with a few grand.