We run into the second apprasial issue all the time, I believe FHA rules are if you sell withing 180 days a second apprasial is required (and the buyer isnt allowed to pay for it) If the house appraises you shouldnt have any trouble, there is a caviet in the rules about too many transactions or pattern of flipping in the previous year I believe, where FHA wont finance.

The japanese economy suffered a balance sheet recession in the corporate sector and the the US has experienced a balance sheet recession in the household sector.

out of the 7 houses I purchased in the past 16 mo all but one was missing the AC unit and that one was missing the line set and several pieces of copper pipe inside. if you can fix the plumbing yourself its not that expensive. and if you use Pex they wont come back a steal it a second time!

Let him know what the true market rate is for the apartment and if he has already signed the lease let him know you wont be renewing it.

Most wont accept it, the rest are just ready to move on.

The funds wont touch a property unless its in a major market like NYC, LA, Chicago, Atlanta, Miami- and there are so many good deals in these smaller markets.

I just read a thread where an "investor" suggested that someone way the risk and if the down side could be covered, afford to suffer, to take the less ethical route.Another thread was suggesting that investors just ignore laws and regulations and just go make money, that the chances of getting caught was slim.I'm not really the Mr.

because they wont call me for a "clogged drain".and no, no chicken bones in the disposal yet. i give my tenants a little more credit.

A couple exceptions, but you don't sell notes as the property.Lots written here about the paper game, it's not RE but RE related.I suggest you get with brokers, place the money with them, take 10/12%, sit backand don't suffer the brain damage.

Ive noticed a lot of posts that say listing agents on REO's and Short Sales wont take your offer serious if you havent even seen the house, even if you send them listing price, no contigency, and 20% EMD.