I've fixed pretty much everything unless it was over my skill set (replacing capacitor on A/C system, for instance; landlord told me when I moved in it was okay to repaint or whatever as long as it improved the house), my neighbors love me - they've told him so; I've resodded the yard twice (FL grass sucks with a dog), had the landscape crew redo the trees in front so they look good, replanted flower beds (perennials), power washed the house every year after wet season ended, ensured the pest control worked...The BUT part ...As a sole practioning consultant (pre-IPO weakness remediation, large financial systems implementations, global audit recommendations for SEC registrants, etc.) at times during the last 3 years things have been sink or sink lower credit wise and the ID theft didn't help (apparently, I bought a car in GA and own some property in TX).

You can use the 1sts foreclosure asLeverage to get the 2nd to settle for less than is due and create eauity in the deal, plus whatever You Can Gain By Fixing The Property Up If There Is Money To Be Made There.

I work for an investment brokerage, and we exclusively work with investors who are searching for properties to fix and flip/buy and rent out.Send me a message if you ever have any questions or are looking for property in North DFW.

I recently purchased a duplex (house hacking) and am currently fixing up the unit as I live in it.

Are you planning to sell this retail or fix and flip to an investor buyer? 

I owe $230k on a 30yr fixed at 3.5% with about 23 years left to go.My concerns are: losing a great rate and paying taxes/commission on a large chunk of the equity. 

Is it fixed?

Account Closed make sure to fix the legs to the ground with concrete. i had one stole in B type area. but that was before i fenced the back yard.

With all of the reading I’ve done I’ve come to the conclusion that watching the process of purchasing, fixing and renting such a property would be incredibly helpful.

They can only lend on what an appraiser says the property will be worth once fixed (purchase + repairs), so if your purchase price plus repairs is higher than what they think the property will be worth.