The book "timing the real estate market" (Campbell) looks at a more formula based approach to evaluating when a market is ripe to invest and discusses these factors in more depth.

I look forward to hearing your progress!

The seller may be thinking that you could make a decent profit by flipping at the doubled price, you should also evaluate different aspects of the deal to see that the numbers can work right for you too.Good Luck,

Whether it is "viable" - I would say you have to look at numbers for that; part of the numbers you have to evaluate will include your added expense for completing the foreclosure as the new noteholder, and whether any delays to the foreclosure process are introduced by your acquisition of the note.If the sewer is a municipal service, I doubt that lien will get wiped at auction.

How about the standard (easily understood) progression?

I have lived in Denver almost 6 years now.I am Trying to make a career change to a full time real estate investor. starting to make a little progress on it but hey times are toughDont worry I will keep working at it!

Based on my cash flow analysis off the income expense statements I've received, I'm evaluating this building at between 1.1 and 1.3 million, so there's a nice piece of equity from the start.

Wholesaling is dealing with motivated people. and your asking how to spot one, that is good, trouble is when you do spot one you want to dot all the I's and cross all the T's and evaluate everything twice before you act.

You can't buy just on that evaluation, but you can certainly comp other sales with similar functional uses based on a square footage number.

I was with Farm Bureau at $1062 and switched to Progressive ($714).