Read my blog "Let's play TIC, TAC, TOE" and save your money!!!

Hagerstown has great cash flow plays if that is what you are looking for.  

I have played around with the numbers and typically use average CAP rates as well as the 70% rule, but my first round of numbers is saying that I should not be paying more than $100-120K for the property.

The title company plays a huge role in the structure of the deal and how smooth the deal goes.

Hi Joey Noel,I currently live, work, play and invest in St.

First of all, they are under contract with a buyer, that has to play out.Secondly, if you paid what is owed, it would still be a short sale, as there is probably 8% in commission, transfer fees, closing costs, etc. along with back taxes, etc.You may or may not be seeing the real total owed to the bank.

A. 10%B. 25%C. 33%D. 50%E. 75%I'll play, I only read this post.I'll say "A", in fact i'd think it's actually less than 10%, but we'll never know the absolute number anyway. :)  

If you are playing in the same markets as people with much larger checkbooks and better deal flow you're probably going to lose if you're using brokers.  

Patty, since you have a license, check my blog, "Let's play tic tac toe" much safer for a licensee. 

The book is so great that I feel compelled to take it with me to listen on my iPhone but it will not play MP3's.