I am going to play the devils advocate here It seems by making the property available for rent during the time they were under a paid up lease is a violation of their rights.

In order to save money, I end up playing the role of the general contractor and hire people by referrals from others and through Craig's List.

That might also come into play in this situation.But the deal itself...

The poster is asking about ways to sell without problems, how does his track record or need for a bridge loan come into play?

If you mean for getting a loan, then anything is fair game.

I am impressed that and you already noticed opportunities in tear down and rebuilding this early in the bowl game.

Outside of work, some of my hobbies include golfing, fishing, and playing the drums.

Congrats on jumping into the game!

No real rule of thumb to say a discount will be X%, depends on many factors.I agree with Wayne that you'd be better off with private money, problem is they are usually short term, but there are some little old ladies that would love to get 8/9% for 10 years for the grandkids, but that has other issues too.Now, if you're buying a 100K property for 70K you might do a 90K loan and you may get the 70K, the trick is not to go over the market value of the property and show that you have skin in the game or compensate for the skin like a pledge of other assets.

I am just getting back into the business after a hard reset in 2007. Looking to invest locally as I have learned working with properties even 30 miles away can be a pain. I intend to focus on preforeclosures and I w...