Just spit balling (assuming she's 60 days late and paying penalties as such), I can't see her owing much less than 85,000 after 28 payments.I haven't been inside the house yet (it just came on my radar this morning and I did a drive by to make sure the roof wasn't caving in and the windows weren't falling out), so I have no idea on repairs.Even the worst houses in the area are going for 150,000-160,000 on the actual retail market.

If you set a goal for 30 Days or so (like a trial [complements to Steve Pavlina]), do what you can until the 30 Days is finished.

And then it will come back at a lower price.As soon as I finish the rehab, I'll get back into looking in earnest.

Every time I'd crunch numbers in either of those places on the cheap, low rent places, the taxes would put me in the negative.So lately I've been looking in KC (other areas of Missouri as well), Albuquerque, and Little Rock.We decided just the other day that it might be best to actually take a road trip through some of the places we're interested in so we can have some pictures of certain neighborhoods to go with the searches.

I sold my compressor and texturing and painting gear and had a place that needed a lot of finish work on the texturing.

This is also very dependent on the area and on the type of finish you need.

If its just someone who is going to the courthouse, getting this info, and making deals with the homeowner, then it sounds like legitimate wholesaling.Using options is a technique that's been discussed a couple of times lately to avoid assignments (which the bank won't allow) or double closes (which the title companies don't like.)

He could just be blowing smoke in my face to distract me from my goal of financial independence, but I thought I'd throw this out to the forum.Has anyone else encountered this lately?

While it was a lot of early mornings before work and late nights after, it allowed me to take my time and find those 'perfect' deals without feeling rushed to buy the house of whoever called me back.

It may be too late to change it without rocking the boat a little, but I would do whatever I could to change the actual title company or the courtesy closing company if the actual title company is not doing the closing.If you can't do that, get financing, close it, and then resell it to your buyer as soon as your title agent will allow you.