I am very new to the country, just 7 years old and am in the real estate business for the last 2 years.Investing in fixers is a topic of interest to me but since I have never done it for myself, I am in an exploratory stage, just trying to get more info, guidance and leads on such properties in the bay area.I am a bit reluctant to look outside the state.Just sharing something- I invested in pre construction apartments in India and just doubled my money even before they are ready for possession !!

I live in Boise and my background is in new construction.

I spent a few years in construction (residential) I now also wholesale investment property way below market and flip rental property offering seller financing.

At the conclusion of this phase, WE issue a Firm Commitment to finance the project, and the interest rate for both the construction and permanent mortgages may be locked.

Construction and how to run a job.

As far as the numbers go, neighborhood ceilings, construction, appraisals, I'm comfortable with all that.

Does anyone know anyting about Marble Falls Tx , looking at possible precontruction here - duplex , that can rent for $2000 - $2100 / Mth

Thanks

Assignments helped to drive real estate prices into artificially high values, forclosures are on the rise because of adjustable rate mortgages, and the bank is stuck with a property that isn't actually worth as much as they lent on it.

Bothhis welcome and his advice are spot on.Look for deals where there is a deep discount. 10% isjust a minor adjustment!

Buying post-construction investments won’t bring you the kind of returns you can get by buying preconstruction.