I was thinking about a buy and hold for a few years and it would prob barely cash flow but I just not sure what expect in terms of repairs for condo.

I will look into it as I plan to do multiple postings (with different headlines) at the times of day suggested.Jon: The unit is in a very nice area in Downtown San Diego, however it is very overdeveloped in terms of apartment housing.

The better note purchases are in connection with a work out with a lender or in slow performing loans, a lender may be willing to take a bit of a hit as it costs them in term of such loans effecting reserve requirements.You will never be able to call an insured lender and obtain loan information of an active loan that isn't offered for sale.

A website can't even come close to giving you what you will need in terms of professional advice.

I really like the old SMART goal acronym (see below) but it gets a little murky when it comes to real estate investing because of the multi-dimensional nature of our favorite asset class.For example, many investors list goals in terms of the number of units they want to own but the problem is that that doesn't necessarily lead to an income or wealth goal because there are so many ways to finance or structure the deal and rent – to – value ratio (RV ratios) vary dramatically based on geography and price range.I think the best way to approach this is to set in overall portfolio value goal and an income goal related to that overall asset value while disregarding financing options, at least initially.

They can discover in their own by inspecting the house.And in terms of being %15 above list, what about putting in an offer at average comp of 330k, and maybe get some money from them somehow for the cleaning costs and repainting?

Just sending out the feelers to see what's happening in western mass in terms of real estate networking.

I plan on meeting with 3-5 banks and seeing what the market is dictating.Wanted to ask the group how everyone is financing deals in terms of capital structure?

Did you ask this lender what they WOULD like to see in terms of reserves?

Not just in price, but also in terms such as being more flexible with the contingencies in contract .