I'm seeing guys standing out at the corner all the time lately.Marlboro in one hand sign around their neck and a cell phone in the other it makes me sick.

I recently found a lender though that will lend up to 85% of ARV or after repair costs which ever is less.

Although if you are using a property management software for managing your properties a lot of software solutions have electronic lease signing baked right in.Same with texting, it's not the best idea to give them your cell phone number. 

Good luck with whichever you decide!

I notice that if you go live with one first and the other later, whichever came second never catches up. 

Which ever you choose, maintenance and taxes will keep adding up.Refinancing can be very tricky. 

Basically the situation is because the property is vacant, or at least it's rented out for some % below 80% occupied or whichever metric those particular companies might use, that the insurance companies will not want to touch it with a regular commercial landlord policy.

With that said I like 52k or 25% of value which ever is larger because although I am always looking for the buyer I also know that that expectation is not reasonable all of the time.Good house huntingMichaelPS on shorts 52 is a little hard to come in those cases if you net 20k you should be happy...

I teach having a second cell phone activated so you know when it rings it is a money opportunity...

If they fail to close, you at least get to keep their option fee (I try to get at least $1000 or 1% of the total purchase price, whichever is greater).