My question is should the assessed value and asking price be a little closer together, or are they numbers that are just set by different interests and have no real relation to one another?

Another option is simply to procure portfolio loans from banks with similar durations and heightened rates (relative to FNMA money) to finance projects that are not taken subject-to.

In all my years living here i don't ever recall seeing bandit signs, flyers, business cards, listings in the personals or anything wholesale related.

This article can easily relate to our investments as well. http://www.aaronline.com/azr/2011/october/using-the-ipad-for-real-estate-business-part-1.aspxLast paragraph is really the only one I believe we would care about.

Travis, I've done a lot of research and talking with mortgage companies regarding mortgaging small amounts like what you have done here and I'd say you did pretty good - probably about the best that can be done with traditional financing for such a small amount (relative to the amount financed for average home mortgages).

My first question would be why BK and not closer to homesecond question would be HOA related, cost, assessments, condition of property, not just your specific unit, but the grounds as well, parking lot repavement could mean a huge assessment shortly.

This isn't directly related to this thread, but I thought it might be a good thread to ask this on.I bought my first property several years ago (property A).

Rich, as a relatively new investor focusing on rehabs right now, the biggest things we rely on our realtor for are:-Getting us into see places-Comps, comps, comps-Opinions on ARV-Negotiating the dealAnd the most important: Doing all of the above in a timely manner.

If the trip does not qualify as a business trip, then transportation costs cannot be deducted at all, except for any specific costs that relate directly to a business meeting.

Some of these firms use the term fraud as a hot button so people relate to what they are saying.