It has appraised for $150,000 recently and been the market analysis from the realtor puts it around $165,000.

It appears to be produced by RealestateCritic.Not too complex and some interesting analysis if you produce reports.At the same time it seems to have a pretty static sense of a deal.

I have negotiated a short sale for great price and half attempted to sell it. we were in the final stages & buyer is have trouble getting his money from his 401k for the down payment & closing costs.

So I finally gave in a paid him $20.00 to cut the grass.

Go out and look at the plans and ask the site supervisor how to contact the project manager and when are they accepting bids for final cleaning.

In fact it's often the sale of a large asset (house) that often hold up final dispostition.This should be a lesson to everyone; it's a bad idea to leave undivided interests in RE to multiple parties.

As a new college graduate, I am finally coming into my own and realizing (after a short period) that 9-5 jobs are NOT for me.

Hi Charles,I'm holding all my deals as rentals, so I use both a cash flow analysis AND the 70% rule (I'm currently using 50% due to the downside risk in the market) to determine the price I can pay if the house is in good condition.

Or do I just need to keep searching until I finally find the right property?

Finally, when you "sell" a house with owner financing, you certainly haven't made an instant $42,500 profit.