Let me point out a few keys to successful investing.Whenever ANYONE offers you a deal, get ALL THE DETAILS, who, what, when, where, and most important, HOW MUCH?

Keep one vary important statement in the back of your mind when investing "The Devil is In the Details".

Everything is more expensive there either because it has to be imported or simply because of tourism.

For example, if the house is a foreclosure and the seller is a bank, a cash offer may get you up to a 5-10% discount, in my experience.If the seller is a private seller, it's really going to depend on how desperate the seller is to get rid of the property and how much money he "needs" to make on the deal.For example, when I'm selling my properties, I like to get cash offers because it means less risk that the transaction won't close and it generally means a faster close, both of which are important enough to me that I'm willing to give a discount of up to 10% (depending on my profit margin for that particular property).Now, that said, some sellers are trying to get every penny out of their property, and the benefits of a cash deal (less risk, faster close) isn't worth trading any profit.

In the high-end, the projects tend to sit on the market longer and the construction interest tends to chew into the margin too far to make it worth the risk.b.I also tend to think the structure of the deal is extremely important.

MOST IMPORTANTLY, you should go into the archives of this forum to find the correct formula to help you calculate your profit on any given property - profits should already by known when you purchase.

So you may get to keep all, or most of your gain.Knowing more closely what it's worth is important, there's a lot of guesswork between "$600K and $750K", get a couple of agents to give you an "opinion" to narrow it down.You should also find out how much to paint and carpet, it shouldn't be a huge number, but it could range as high as $15K-$20K, as labor in your area is pretty dear.Will it bring over $6K/month in rent?

I would check with an attorney, but I am sure you can bring suit to the developer, but most importantly, be sure to slap the county with the same lawsuit, and if there is a HOA, slap them too.I have had this problem as well. from both sides. and usually it settles out of court and the developer just fixes it.

I think the most important qualifier would be, what is your purpose of the website.

We want to help you with all the paperwork, legal assistance and procedures, financial requirements or just anything that the process may require; working together with you from the very beginning, because we know time is important to you.