The big differences are SPEED of closing as rehab and I pointed out, and lower costs.When you are dealing with the low priced properties that some of us specialize in the higher interest rates, higher points and junk fees can make up a big % of acquisition cost.When you start analyzing what you are actually getting for that money, versus just dipping into your other funds you can see how much more sense it makes to purchase for cash.I think I recall tha nationwide the % of SFHs purchased for "cash" (real cash) is about 20%.

The only possible exception is if you are special ordering something, custom plumbing fixtures or the like.

You need to evict them, use some property preservation or company that specializes in evictions, a simple moving company won't do for the most part, because they don't know the laws and handle these properties on a day to day basis.

He was wondering if he needed to have a permit or do anything special.

I specialize in finding the "Best Buys" in DFW for my investors.

What area do you specialize in?

We currently have over 1 million homeless (or at-risk) veterans in the United States.We specialize in Rehabing distressed properties into VA Approved homes to sell to our VA Buyers.

We live on a residential airpark, special real estate niche.Anyhow, most of our vacations are by plane.

We might have to create a special forum on here just for the Michiganders.Anyway, welcome aboard BiggerPockets.

A $700 appraisal would be if the property was very large, like a mansion or was a bit special like a ranch or something.