Compare the ones that aren't selling to the ones that HAVE sold recently.

I've compared notes with other managers.

The value of the home will be dramatically reduced compared to similar homes in the area since it is in a mobile home park.

Man, I know our income is good compared to national averages and such, but living in California, you can hardly notice it!

Another indicator would be the cost of equivelant brand new homes compared to existing homes.In my area, it is still easily cheaper to buy than build.

Most of the other big banks are imposing 60-120 day resale restrictions (though not deed restrictions, just contract restrictions), so I'm not surprised FNMA is following suit.Interesting that they have the 120% resale in there after 30 days...that's actually more lenient than I would have expected compared to others, like WF and Chase.

By selling and moving your equity into a different market or area you can create more value for yourself again with your cash.You need to take your comparable sales and then deduct your selling costs minus loan payoff and 1031 costs to see what kind of cash you would have to put into one or more other properties.

Hi everyone I am a "newbie" wholesaler looking real reliable advice on how start off and actually get results back.

Go talk to an REI guy and he will tell you how well they do things compared to the big guys.

So no need to pitch me, just give me reliable information and I will pitch myself.