With this house i dont think it would make much sense to fix it sense the profit of margin is very small. however it would be a good learning experience , yet a risk.

Have a Profitable Day!

Have a Profitable Day!

I know a lot of people claiming big profits from REOs...

It appears at first glance that taxpayer funds are going to finance profits for savvy investors in these Toxic Assets.

I guess its the idea of sitting on it vacant while fixing, and while trying to rent.What can I do to increase success, and minimize faillure and profit loss in order to jump into this situation.

The property should still cash flow which I assume is what your looking for plus any equity profit when the option is exercised.

Low income rentals require more hands-on management, but they also have better profit margins.

"Well," he says, "I figure the job will run about $900: $400 for materials, $400 for my crew and $100 profit for me."

My best option right now would be to flip it to another investor but for a small profit since its not a big profit generator