You either buy a Monument Historique (like a church, museum or simply a house that has something historical), you get tax benefit (in fact you can deduct 100% of the rehab work done towards your revenue and then calculate the amount of taxes you will pay.

Houses simply are not moving and those that do sell, sit on the market a LONG time.I started out in the rental business and only do rentals.

Condos (I think) are different than regular homes b/c you can build a ton of them and they don't take up as much land, while a house price may rise simply b/c the location is good and land is being used up (depending on where you are talking about).I am not looking to make a quick buck flipping the property.

The lender will only become the owner if no settlement is reached and the lender is the winning bidder at auction.

Then if you win quiet title, you will have to evict as well.

It could simply be half or a certain percentage of closing cost (normal closing cost can run anywhere between 4% to 6% of loan amount, depending on the mortgage company or lender), although offering to pay ALL closing costs is not unheard of either.

This doesn't even include the things to come when it's time to actually list, sell and close on the property - someone's got to review the HUDs, answer the phone calls and count the money.Lenders are also taking a closer look at "Repaired Marketing Strategies", especially in new home communities.They're simply not prepared to break their routine, or re-route personell for a single property; It wouldn't be worth the increased liability, or man-hours.I'd add one other thing; On most properties, with most banks and asset management firms, a listing agent is assigned within 1 to 7 days after foreclosure.

Are you simply looking for data points?

This is consistant with Fannie Mae, Freddie Mac, VA, FHA, USDA and any insured lender for a portfolio loan.One guy uses a credit as a seller concession which works for FHA and his angle of business, but it can and does cause lending problems in other types of financing as seller concessions may simply be deducted from the sale price to arrive at the LTV.

I can show you how to win!!