Even now, if they have equity they probably can clean up a foreclosure....at least temporarily.I know not everyone is smart about their finances.

If a guy (contractor) gives you a job cleaning Wal-Mart's parking lot, and you went to the store on your day-off and said that you'd do it for $10 less, I'd think that was pretty unethical.

House on market for 55,0003bed/2bathNo real repairs, just cleaning/paint.

You would be farther ahead to just keep the winner and avoid losers.MikeI think winners (properties that cash flow) are a lot easier to find in Ohio than in Western Washington.

For me I found that it is easier this way because we constantly have projects waiting to get started I try to plan that no more than 2 weeks before the next project is started usually less than 1 week but you know how things go.With a general contractor the will bid the job do the job as they are working on other projects as well and then when things they quoted you are done thats it, it doesn't matter that the doors need trimmed because the carpet and pad are too thick, that the outlets need to be changed because now they look bad on a freshly painted wall, if it wasn't in the original qoute it is extra and they may not be able to get back to it for 2-6 weeks as they are already scheduled for their next job.

That makes it easier than someone who is looking to hang out the “gone fishing” sign for the rest of their life.

I believe you should be able to find a hard money loan if you are purchasing at 70% of ARV minus repair costs, 65% or less would be even easier to find funds.

Are you just trying to clean it up before you have to jump down in there and fix your problem?

Thanks for that term cause that will make it easier to communicate.I would prefer to sell first within a year.

I had tons of phone calls, but just one letter as I recall.The only time I would advise doing a sub-2 (and no reason to use this startegy as other would be easier) would be after a notice of default has been made.