I would LOVE to get into a 20 unit, but I have not learned enough tricks of the trade in "creative financing" to pull that off yet.... down the road, I hope so.

I'd love to hear more about your decision making process.

Don't trust Zillow if you are using it to make a decision on a purchase.

They are looking to raise 10-20million.Each smaller LLC brings a min of 5 shares valued at a total of $250k (50k each)I cant find the Hippoze Bulk Investments LLC listed anywherenot even at http://kepler.ss.ca.gov/ which is supposed to be current as of 2/29/08The LLC Hippoze is however founded by a local reputable respected Agent.He will make decisions on which properties to purchase.Somehow though this just doesn't feel right even if it is friends, I will have my accountant look at it but so far there is no real business plan just a question and answer sheet and a few meetings.

No need to rush on your decision.

Take your time, feel out the situation and make your decision.

Originally posted by Brian Adamson:Hi Gilbert, I think wherever you go, the weather is going to be an important decision in determining what you do.

It is not my decision to accept or reject the offer I present, all I can do is present it.

Having said that, almost every single trade can be broken down cost wise on a per sq ft basis.

Just like any other bank deals you cant get much of a deal that will be considered a steal on a short sale from a bank. they have guidlines they follow and if it makes sense for them to take to REO so they can net more that what they will do. most short sales now these days are trades at FMV or even above that since there can NOT be much of a discount negotiated.