Hi, my wife and I got Married in Palm Springs at a private ceremeony in June at the Park that Frank Sinatra dedicated in Rancho Mirage.

I work with investors and funding companies that purchase private mortgage notes.

I paid 70k, have 45k going in it and expect to sell it quickly at 249,900.00 because it is in the private beach area which is very coveted over here.

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:cry: 1 - Build relationship with probate/divorce attorneys, real estate owned departments in several banks, closing attorney, appraiser, a few private lenders and a general contractor.

Perhaps a strat. of buy, hold and sell is the best bet.

I have no idea what building a bathroom inside the structure will cost but I'll bet it's going to run $10-$15k.

Your best bet is a hard money lender, and if you don't even have atleast the upfront fees (usually about 5-6%) then the HML probably won't feel comfortable with it.Third, when you say you figure it will sell for 70K or 90K, what are you basing that off of?

Your best bet for determining a true CMA (comparable market analysis) is to use a trained pro.

Wow, I bet he's been waiting over 2 years for that info...Just kidding