Is it a flat lot or are you looking at making it into a garage?

Property #1 Appraised @ 91k Single 4br house sec 8 with detached 3 bay garage..Sec 8 pays $1186 month and garage rents for $200 cash a month..Total $1386 He owned the thing free and clear, so he sold it to me for 88k on paper(hud-1) with closing cost ect line 120 "gross amount due from borrower is $95934.47 I got a regular conventional freedie/ fannie mortgage and payment is w/taxes ins, ect $801 month.

I wish I had found this forum earlier, along with some of the tools I've since found.The rehab...St Clair Shores 2/1 ~1100sqft all brick ranch w/ attached 2 car garage & natural converted to gas fireplace.Typical foreclosure house, crayon & markered walls, pet smell, no updates, needs some plumbing (poorly winterized), kitchen needs to be gutted, needs windows updated.On the plus side, solid structure & newer dimensional roof.Bank "bought" it from prev owner (assessor records) for $118+k, was listed for $55k, sold to me for $35k cash from a bulk buyer.House next door is a comp that is listed to $115k.

The whole house had to be scrubbed and then repainted and he still had stuff in the basement and the garage.

We've acquired a 2 story, 3 bed, full basement, garage, etc.. for $6,000.

Welcome to modern day business

Modern political correctness says that we don't have the right to judge people, to which I say B.S.!

Looks modern and fresh to buyers and easy to touch up if you are renting it.

Nice backyard, garage, etc.

Rents right now are 490,500,500,500.Taxes:4000Each unit is 2 bed 1 bathEach unit gets garage stallI dont know if this link will work but here it is http://bismarckmandanhomes.com/mls_detail?