Therefore, the USA is now renown for undervalued, repossessed and easily renovated properties that may be worth much more if and when they recover.

Also thanks for your comment on REOs if I need more than 20k I can get my hands on 20 more pretty easily if the deal looks right.

Plus a subfloor not flat to spec will cause snap joints to work loose.In addition, carpet can be easily repaired, especially the sandy - peppered patterns.

You should easily be able to insure that property for $400 or less (maybe closer to $300), you don't need full replacement coverage, so do call around.

You'd need more data to determine the actual effect of -200 sf and -1 half bath.Comp 2 is several months old and the square footage doesn't easily reconcile with the number of beds/baths.

It is easily the most important out of many important steps a company should offer if they want to purchase, renovate and sell properties and be successful at it.

We're easily able to afford the monthly payments, I'm guessing its' the initial "cash out of pocket" that's the hardest for us.

They are a little more expensive to purchase initially, but once installed they can easily be rekeyed in literally under 10 seconds per lock and they cost nothing to re-key.

RE is an area where you can easily get bad advice, wrong answers and be lied to by others, especially when they have a vested interest selling you crap.Read here on lease options, seller financing with attention paid to the issues mentioned above.

The reason I say this is you already have the property in an LLC and you can easily create a mortgage with what is currently owed even if you choose to pay it off.You can loan your LLC the money to pay it off and it can pay you interest; however, if your LLC is treated as a disregarded entity and is on your Schedule E of your tax return there is no point in charging it interest.There is no point unless the LLC holding the property is taxed as a C-corporation.A Quit claim deed is for transferring a property from one name to another.