Although I had all good houses in good neighborhoods I didn't want to spend any part of my retirement driving back and painting, roofing etc so I sold out.

Just basic carpet and paint, can't go wrong.

So I designed my own home idea using MS Paint, priced the material and estimated labor and find this is a good I dea if I can manage building a plumb and level wall.Recently the idea was to spend most of my money on land in Colorado and place a RV/trailer along with a few solar panels to charge the batteries, but this wouldn't really do anything unless I was willing to place a well and septic system.You can say I'm in a situation here, and I have no idea of how to handle it.

your objectives or goals to maximize subprime financing should be to maybe hold the property for 1 - 2 years, (You may have to eat a 1 o 2 year prepay but it will lower the rate from a loan with a zero prepay,)while you build your credit back to an a-rating, then refi your cash out for more investment projects. theirs tons of new products, on the market that fit your particular scenario, such as the option arms, option arms give you the luxury of choosing/paying your mortgage 4 different ways each month.. 30yr P&I, 15yr P&I, Interest only, or whats called Neg am(Negative-ammoritization)the neg am, could allow you to get into a million dollar home for like $3k a month, they have 1% start rates.. these loans are really good for short term properties, like a year or 2.. especially if the property is in a desirable market..

Standard finishes include wooden floors for the living and sleeping areas, ceramic tiles for the kitchen and bathroom floors, painted plastered cement for the walls and painted plyboard for ceilings.

death, no one to do it. 5. simply waited too long before choosing to sell.

if you are thinking about investing in pre-construction in the central florida area, give me a call. i work with many different builders, choose which one is best for you.

cyndi,if you buy an "ugly house" you just have to make sure it isn't too "ugly" and thus in need of a large amount of work.if you or a partner can do the work - and manage to spend about 6000 on materials (paint job, rugs, doors, some appliances, ceiling fans, a tile floor, and a few other splurgy/nice items) - then this strategy is definitely doable.qualifier - it's easier said than done to find these deals, because the we buy ugly houses guys buy'em all up!!

I plan on painting, doing the floors, cleaning, cabinets, landscaping etc.

Properties that are in good shape, but need painting, new carpet, door nobs etc. - nothing major.111sam12