I want to use hard money to finance the majority of these deals but I know that cash offers hold more weight.So would you structure your offer as cash and provide proof of funds for the purchase price but then ultimately use hard money or would you be more up front and show proof of funds and the letter from the HML and structure your offer as financed?

Curious if this property was listed and if so who is the servicing company or the company the REO agent reports directly to.As a tactic: 1.

Where do they make the majority of their money from?

Being a major storm I expected some delays getting an adjuster on site.

They can change tax lien to a deed I know, so they the owner of the propertie then.Actual my handyman told me there some issues but not major and he would say $70-80k, if I take my calculation with max income it should be $150k.

You will find that although some use PM's, the vast majority are in opposition.

I believe there is a good chance that after all the major updates are completed and the new price is revealed I will lose these people who may have been interested if they knew the new price before hand- closer to 500k.

To sweeten the deal, you can offer to return some of his deposit immediately upon his moving out, provided he doesn't cause any major damages.

The majority of the problem in the housing bubble stemmed from an artificially high supply of buyers.

In July of 2012 we had foreclosure filings increase by 60% in major metro areas for Q2.