I asked what they would consider for this note and reminded them of the approaching demolition date.

To narrow this down here's my approach...If I want to beat out the pro's at auction I would look to offer 80% (generaly, a couple of weeks before the sale was scheduled).

So, do the math using the gross scheduled rent, your expense percentage, and your expected P&I payment and do the math yourself.Using some sort of rehab loan to get the property fixed up is a reasonable approach.

You're operating off of a different system from the buy/sell/flip approach.

My partner and I have buying foreclosure for the last 18 months and am curious to how everyone approaches insuring these properties.

Do you approach a deal with a bank any differently than you do with an individual seller?

Kudos Joshua -One of my partners is a web designer / IT guy, and from hanging out with him it's clear you've hit a major milestone.

The return to the money guy is fixed and doesn't depend on the outcome of the work.Another approach is a "shared appreciation mortgage".

I have been gathering ideas and working out marketing strategies for the past year or so and I am ready to step out of the real estate office I currently work under and begin my own.The area certainly isn't lacking in the number of current real estate companies nor in the number of active realtors but there are some areas and targets that are NOT being approached by anyone.

They were to shoot the people with Guns and holster their weapon when someone wasn't holding a gun.The result showed that if the person they were approaching was black, they were either quicker to shoot (if they had a gun) or slowing to holster their weapon.