Hey there Kabong,No problem, we are all glad that you just dropped in and became one of our new members.

hello all its a short question but i know u guys have pleanty answer so please feel free to drop your post i would love to hear your thoughts?

Do I go get a lis pendons list and start dropping my info ( buy houses).

We're located in the Bay Area and we'll buy fixers in eastern Contra Costa where has been serious drops in prices because we know the area.

However if the seller cannot get his credit in check and align himself to buy back his property, I will simply throw it on the market.Keep in mind the original safety net is 75 percent of the value at the buy in price, this is Southern Californian RE, the price will almost never drop so drastically in that short amount of time.

But, when I looked at the actual properties, they weren't all on the water.

He dropped like he just had a massive heart attack.

Prices are looking to drop on these new properties further, so of course I'm interested.

So are you a real estate, broker, renting investor, flipping investor, or testing the waters to see whats best for you?

If we discount the market drop 10% like you said then you are still left with $356k.