The last trustee's sale that I had performed for me (I'm a lender in TX) cost me about $1200 or so, plus my lost interest, late charges and my fix-up and reselling costs (another $12K).My attorney cuts me a pretty tight fee for handling these for me, more than I could do it myself for, less than the bank's attorney (generally a brother in law deal) charges them.

The easiest way to purchase before the sale is to cut a deal with the owner/heirs before the sale.

The obvious choice is to use similar paneling cut to size, but how to keep it in place in the hole?

And that’s why you’ll cut your 30-year loan to 22 years: you’re simply making extra principal payments.

To take some of the edge off your first transaction, I recommend that you purchase something that you can live in, that has plenty of resale value.

Replacing a roof is like doing a lot of other jobs on a house, the devil is not in the "field" but at the edges.

This type of mortgage rate freeze means that the Fed will have to raise rates after cutting them 3 times in 6 months.

But if there is no lawn to cut (building pretty much covers the entire lot), then there is no expense, right?

They have painted, used power tools, measured and cut siding, placed trim, dug ditches, cut sheetrock, pulled carpet, filled dumpsters, swept roofs, raked yards, cleaned driveways and gutters, built walls, hung new cabinets, hung notices, sat in court, and so much more; if they knew it or not learned more hands-on Real Estate than any book could teach them.All that said, my 23 year old daughter wants to get into the business.

Plus, the income is mostly passive, and what little input it requires can be done here from the office, so it seems foolhardy to cut of a $52,000 source of income right now, even if it is soul crushing.I'll be purchasing a duplex that rents for $1400/mo for $50k down, $50k financed at 4.25% here in a month (780 credit score).