Unfortunately for her and her scumbag lawyer, we will fight it to the end and they will probably eventually drop it.

Before that it was listed with a different real estate Co. for 139,900 then they dropped it down to 105,00 and that listing was started 8/10/2006.

I know everyone says "don't look at anything that doesn't gross at least 1%/month of cost" that's only the first cut and IMO it's a way to sure ruin.I don't know what taxes, insurance, maintenance, utility and turnover costs you'll experience, but I can tell you they will drop your return down to about 5%, about what you could get in a CD or money market.

Drop me an email and we'lltalk about it.

They have no need to because they an make they're mortgage payment each month and so they might drop the price a little, but to actually find a building that would go for that big of a discount is just not out there.

I'm still not sure if I/O or ARM's are good for short holds(flipping) where you'll sell before the low int. rate changes; or the market drops.

:D Hello to all,I never really thought about developing but fate has dropped the ball into my hands.

Just drop me an e-mail

I am not looking to buy property in the area where these two homes are located I just don't want to get caught holding the bag if the market drops.

If just 3 of those units are vacant your gross rent drops to $3010.