., condos in FL would be tough sell these day), and detailed projections of how the money is used.To be frank, when you offer 20% returns and say "there is hardly any way to lose money in what I am doing" my eyebrows really go up.

Everywhere has been rewired except for the 3 bedrooms & bathroom upstairs where there is still knob & tube wiring.

Chicago River North Condo, worth about $360K, Loan is at $325K, 30 yr, fixed. 6.75 Assoc.

Had an extension cord (tenant purchased) fire with a replacement value policy in one bedroom.

Because those 1 liners like FS: NJ 3 bedrooms, 1 bathroom, 1 carport. for 75% or the assessed value.. is just too plain... some or most of the buyers are looking for the "IT" factor why they should buy the property.. or why it is the right one for them.

It is listed as a 2 bedroom in all the docs erroneously, I have seen it..it is a legal 3 as far as I can tell.

They had deals like this in Downtown Charlotte, that the developer PROMISED condos and you had to put down $50k.

However, in my current condo building a number of properties are sold off the market and they almost always sell for a lot less than the ones sold by realtors.Try it yourself but I wouldn't go 2 months--I'd go a few weeks and see what kind of reaction you are getting.

I originally made an offer on a two-bedroom, big lot (no garage) house assessed at $29k and got it for $12k.... not the best side of town and it needed $12k-$15k in repairs so you would be looking at $27k total into it.

He bought 3 or 4 condos that wouldn't come CLOSE to renting for mortgage, taxes and assn fee.