They have a high likelihood of containing micro-organisms or chemicals.

Currently, I am working on projects in the neighborhood, which is how I learned of your property.Please call me at (XXX) XXX-XXXX, so I can tell you how we can buy your property quickly, with no hassles, and most importantly, at a fair price.

By 'redevelopment' do you mean city revitalization type projects where you buy run down places, fix them up, and essentially turn a neighborhood around?

This gives you time to check out the home and neighborhood to see if it's a good fit.

I am starting to see distressed condos listed retail, in incredible neighborhoods, with good schools, that would rent at break even (paying retail) using the 50% rule.

I've been investing in RE for well over a year now, and have had 2 properties that I've been relatively succuessful, a SFD property bought as a REO , repaired cheaply and increased equity by 40% and a 6 unit apartment complex that is now cashflowing and has increased by about 400% in equity.We will be finalizing some credit account the comming week to secure enough money to start buying atleast one property per month to add to our portfolio.Our goal is to buy properties in decent neighborhood at no less than 35% ARV , rehab and then lease-option or other type of seller financing/RTO deal.

The market in this neighborhood has tanked over the past year and current retail home prices are around 720K.

You may need to go higher up in the organization.

They started asking what was owed -- $840K Which was a joke since there are 32 houses for sale in this neighborhood where home values have tanked.

A couple reasons I can think of are -Can not come up with down payment -Can not live in same quality neighborhood and house.