For simplicity sake in just browsing deals I haven't detailed expenses such as cpa, advertising, etc.. and am just using the 50% rule, so yes repairs look high but that really should be labeled 'all other expenses' to get to 50%.I have open terms with my bank for 15yr @ 4.5% & 30yr @ 5% at the moment which is prob average?

I think the debt is just to high to work with at the moment.

"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he standsat times of challenge and controversy."

I won't comment on this part at the moment since I don't know the PA LLC laws.

As of this moment it is a buyers market.

I am not saying I believe little green guys are going to come here and stick a probe where the sun don't shine, but I do believe there has to be life on other planets.

Don't let the emotion of the moment swing your max number higher during the bidding.To answer your question about what happens if it doesn't sell: I think it goes back on the MLS or to another auction company.

after waiting the long moment of silence, he came back and dropped his asking price by 35k.

I see something I like and text the realtor and we go from there.what kept happening was I'd see a property I like we go visit- its on the market 6 months no offers and as soon as I like it and make an offer, they got an offer day before- felt like someone was watching me.There was a split foyer on the market for 56k- we just had snow and I think we will take it subdivision can sell for 200- they had 26 offers.So this came on and we waited the 13days and put in the moment it was available to investor offers

I can scrounge up around $5k at the moment for a down payment, and probably a little more as I get some more paychecks in.