I was just wondering if the current up-swing market supports value play investing or is it better right after a price correction period?

Again, thanks for the support!

Does the area have jobs that support higher rent $?

They have been a great support group for myself and my buddy.

After a short stint at a T-Mobile tech support call center, we decided it was time to move to Albuquerque to help my wife's Mom out with her restaurant.

Only thing I dont like on your sale is the 30% capital gains support the [REMOVED]

It came up and earlier in the day we had decided not to bid because we found out the owner had over $10,000 in back child support and we weren't sure of the rules with child support and tax deed sales.

You also put the property under contract within a few months, which supports the position of held for sale versus held for investment.121 ExclusionYou would probably not receive the full $500,000 exclusion.

One is in the final stages of being rehabbed and the other is done, waiting to be filled by a tenant.I just applied for a refinance mortgage for the two properties and was denied due to having insufficient income to support the loan.Personal income is ~$40k/yr Rental income on these two will be $1675/moA good deal of cash reservesFICO ~640 ARV of both properties is ~$160k , looking for $100k in refinance (62.5% LTV).I'm waiting on the 'official' denial letter but did get a call from the branch manager stating that I was denied.

I may not have that support or positive people around me in the flesh, but I have encountered so many good people on this forumn in such a short time that its amazing.