While the land may be valued a certain number, given the condition of the house the repair costs will simply eat into that number in order to turn a profit.Thanks!

If they didn't do this they would be saddled with long term fixed rate loans and margins would eat them up.

They are too expensive and will eat up most of your monthly budget.Also look into creating a webpage to pull in leads.

I do not have any experience with mobile homes, but from what I understand, they are a whole different animal.

What is your pent rent per animal?

You'll also find investors that may not be interested in buying another property for six months, you may not know that until you present a lead.Just as in your business, you don't want your leads resold, if a buyer rejects a lead, what does the birddog do with it, just eat it or move on to others.I agree the concept solves some issues with the license matters and settlements, but in reality that may be harder to do, fairly.

Question #1:Short answer:yes, usually.Longer answer:It depends upon the model that is being used.There are models, i.e. predictive tools that forecast various outcomes.Some models predict the likelihood to become 90+ Days Past Due (DPD), to declare bankruptcy in the next X moths, to open a retail credit card, to open a bank card, to open a premium bankcard, to revolve a balance, to pay down debt . . . . well, you get the picture.Most often closing a credit card does hurt one’s credit, i.e. depress a consumer’s score, because the credit card’s available credit is removed from the denominator (all credit available) that is used to calculate utilization, the mix of credit card changes (esp. negative if the credit card is a higher-end card), and one’s credit history is shortened (assuming the closed credit card has been open for some time).Question #2:The quickest way to increase one’s credit score is to use of the many outfits one sees advertised, i.e. credit repair, credit fix and one will usually see a quick bump.However, like eating candy when one is tired, one gets the sugar rush (the increased score) but there is always a crash (when the bureaus catch up to this questionable practice).

We have had just about everything the past eight months has been critter wars, raccoon in the basement, chipmunks running through one apartment and squirrels eating the windows in another (eight new windows -oh well I was deciding if I should replace or restore the old wood windows and momma squirrel decided for us).

I eat, sleep, breath real estate.

Having said that, if you like the deal and can get past getting screwed on the deposits then you may just want to close and eat the loss.