I would do a limited amount if I had a property with challenging space(s).

The berkshires really didn't boom in the mid 2000's and also didn't crash too hard either.

These are the numbers the "finder" is giving me:Investor price: $105KRepairs: $30,000ARV: $165K4/2 rents: $900/motwo 2/1's rents: $600/mo eachWhat seems fishy to me, the finder is asking for 1% of the final sales price I make with the seller.

You can find a/many realtor (s) that handle short sale listings and let them know you are interested in purchasing her listings, where she will come to you first with any new ones.

What variable/s do I need to look at to determine the percentage of the loan paid off?

But, if you're really concerned, you can always add a stipulation to the P&S Contract that says something like:"All parties acknowledge that the Buyer is an investor and intends to profit from the purchase and resale of this property."

The range of ages of homes in the neighborhood varies widely, with the earliest I've seen being early-mid 1950's all the way up through the 80's, 90's, and a few homes built within the last 10 years.

Perhaps Joshua Marks, Ibrahim S or someone else from Jersey can jump in on this one.As for tenants paying back, that depends on whether or not you get a judgement against them.

Originally posted by Justin S.

Their customer service has been atrocious lately, and I see little improvement each time I communicate with them.Second, I believe when the P&S is executed, it must be worded exactly correctly.