They still want 20% down (not a bad idea of course) and will pull the purse strings for any monies being loaned for rehabbing.

You can always re-finance to pull cash out later.

The problem with pulling out a home eqity loan on your house to puchase another property in now your stuck with two mortgages.

Makes me want to ask, "should I just hold it to my head and pull the trigger, too?"

I'll just have my agent pull comps when I need them.

And even so you would need some money because you have to get the place fixed first and then get the draws to pull your own money back out. research a little more before you jump into anything.

i use www.realestate.yahoo.com to pull my initial comps. you just type in the address and it brings up houses in that area. however, these are sometimes 1-2 years old, so when i get serious about a property i call my appraiser and tell him to pull some comps on his system.

My cat would think you're pretty slick, pulling off a fish caper like that one!

Dead people are rather difficult to deal with.Seriously though, the trustee needs to be notified that the person on the mortgage being foreclosed has died and they pull the posting until the lender can sort it out.Typically, the house goes to probate and the investor rarely gets the deal because once the sale is stopped, the heirs tend to list it on the open market.Jimwww.dfwmentor.com

This Property is currtently listed, also we have a buyers agent we are finding hard to market with it still being on mls at 219,900 we need to sell reasonable time if we close cause holding cost will be way too high how can we structure this deal to get out in the next 30 days (1)doing all out blitz and selling at discount to end buyer and structure so we can cash out without closing 2.close refinace pull some equity then continue to sell with or without best realtor in town, 3.