Here are the details of a deal I just completed. It was a rehab for fix & flip, but ended up not selling for the price I wanted.

Purchase price: $65,000
Repairs: $32,000 (out of pocket due to Fannie 120% clause)...

I have heard of pulling the toilet due to plumbing problems as well.

As for pulling equity out of the house.

I doubt the bank would let us pull out the full value of the house (450k).

Zillow, Realtytrac and some of the other websites pull from public record just like MLS.

The bankruptcy trustee is not going to let the investor pull a bunch of cash out and dump it into something else and thus not have money to pay the creditors.

Given the fact that California prices are now low, I would rather pull out my money from Oklahoma and invest it in California.

The knowledge we pulled together from those was more than what we knew before walking into that training.

Treat as crop insurance proceeds the crop disaster payments you receive from the federal government as the result of destruction or damage to crops, or the inability to plant crops, because of drought, flood, or any other natural disaster.You can request income tax withholding from crop disaster payments you receive from the federal government.

While true if you get your structure pulled out of a high risk flood zone through a LOMR the lender could still require flood insurance, the rate would be based on a low to moderate risk instead of High Risk which on a $250,000 policy with a $5000 deductible in a AE zone the difference between paying approximately $500 a year and $3000 a year.