If you do get it for that price, use the profit as a balancing factor for the disgusting conditions.And also, use oil based Kilz throughout as your primer.

I'm sure it could be done, but You'll need to be prepared to cut a check to the mortgage holder for the entire mortgage balance within 30 days after You receive that one letter they send out, calling the loan.Then the next move would be an emergency 30 day close re-fi, and then having to explain to the new bank, why You need to replace the existing mortgage.It may be time to rethink this plan.John

At a certain point, you have to pay for "some" of the upside and a savvy investor can obtain that upside quickly while only paying for a portion of it, reaping the balance of the benefits.To Joel's financial sample, he did not take out value for the fact that the current occupancy was lower.

If the home was reaffirmed, the borrower agrees they owe the balance and must make payments on the balance moving forward.

When it becomes off balanced and rattles it gets too loud.Some of the really expensive fans are ultra quite but not used except for higher end homes.

I try to take some perspectives on the balance of leverage, ROE, and risk - and quite a few questions about identifying how and when (if possible to predict!?)

Whereas California has laws protecting homeowners against banks pursuing deficiency balances, I did a quick google search and found out that Florida doesn't have the same protection.

Is he/she unwilling to spend anything on his properties because he/she is out of balance and won't respond to basic human safety concerns?

Nothing upsets the delicate balance of multi-family living than when tenants find out that the folks in Apartment A pay $50 a month less than they do

Get in with as little out of pocket as possible and then take the balance and attempt a flip.