Then I stained it grey, which looked blue, so I went over it again with a dark brown stain and it came out pretty cool.

Hey Brandon,The best I have seen people to get involved in property preservation for REOs is looking in the Blue Book.

While reglazing it is an option, I would reserve that only for the pink, green, and blue colored tiles.

Please chose a photo for your profile too and add more content... it will help you network better.If you use the "Search the Site" box in the blue tab at the top, you will find many previous discussions on this topic.

TClick on the blue link called REI Property Analyzer in Josh's first post.

The carpet color they chose for the upstairs and basement is not very appealing, as it has a distinct blue tint.  

You can do two loans, a 504 for the real estate and a 7a for the business assets that are non real estate (FF&E).In general, as a banker, I'd rather see a client buy the assets and NOT the business or to give the blue sky valuation of the business an extremely low valuation.Also, a general question would be, what is the value of the business if it's being foreclosed upon?

If you don't allow smoking in a typical lower class or blue collar rental, you will have a much smaller pool of tenants from which to choose.

You're not a franchised service with only one shop, if you had ten locations across the country and repeat business we could talk about blue sky.

I run an investor model of the deals as a variation, just wondering if others are doing the deals and have modified it in any other way I haven't thought of doing...Thanks,Blue Ridge Mobile Homes