If lenders typically want me to have some reserves on hand, then I'll play along and make that happen.

The problem is that in most cases comps could be interpreted both ways, supporting the price and invalidating the price.Comparable sales are always the most accurate way of determining fair market value, but when you are picking two or three out of a hundred to compare the subject property to, discretion comes into play, and with it human error.

Pete brings back memories. i played ball for the Cardinals there and Sarasota way back in 1974. wish i'd had a clue about RE then.anyway good to here from you.jim

You would give your sincere heart in helping that person reach their goals.Now in this industry, competition does play some factors in our interaction with each other, but if you are outside of that competition factor then you will find that just being out there in the thick of the jungle fighting to find your way will motivate the experienced traveler to lend a helping hand.Also, there is enough free advice right here on this forum for anyone to go a long way in their investing career.

One sibling played along, we made 60% return overnight.

Sure where are you located I played a lot in school and in clubs.Do you have a league?

A= After R= Repair V = ValueProperty is worth - 100KIts ARV is - 150kAfter you repair the home (comps come into play)it's value will be close to 150kBest,Jeremy Blunt

As for Real Estate investing, you're right to not necessariy waste money on courses and such, but as noobdog1 says be sure, sure, sure you know what you're doing when you play in this space.

But I do liek to play...

Since you live there she won't be able to play the "he doesn't live here card" since you know better.