Mine states:"NOW, THEREFORE, for and in consideration of $________________ received as earnest money by Assignor and the balance of $________________ to be received by Assignor at closing of Contract for Purchase and Sale of Real Estate, the sum of _____________________________________ DOLLARS ($_______________), and other good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's rights, title and interest in, to and under said Contract for Purchase and Sale of Real Estate."

In addition to any other penalties imposed under R.S. 37:1455 and 1458, the commission may require that any person engaged in real estate activity without a license return any fees collected for engaging in real estate activity.7) "Real estate activity" means any activity relating to any portion of a real estate transaction performed for another by any person, partnership, limited liability company, association, or corporation, foreign or domestic, whether pursuant to a power of attorney or otherwise, for a fee, commission, or other valuable consideration, or with the intention, in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration:(a) Sells, exchanges, purchases, manages, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of real estate.

Know your spending limits before you head out and begin actively gathering information on parcels for consideration.

That means, the home value you calculate will be the same next year, and next next year, and next next next year, and that doesn't take into consideration of the real estate risks (peaks and valleys).

Things like the parties of the deal, some consideration, etc.

We will judge investment properties solely on their ability to generate positive cash flow, but will take into consideration the ability to add value through rehab or repositioning for any property in a value add scenario.

The final choice will come down to your exit strategy, the equity spread in the deal, and other business considerations that vary with every single deal.My first recommendation would be to go to talk to a couple banks and a couple HM lenders.

By doing it this way you will save a considerable amount of money over buying everything new and I don't feel it's necessary unless your property is in a high end neighborhood.

I will definitely take these items into consideration.

This is the avenue I would explore unless there is considerable equity by purchasing the 2nd.