Hello,I am trying to find out if this is possible...So I am thinking about purchasing a reo property for 90k with private lending, and its appraised value is 170k ...is it possible to right after I purchase the property go to the bank with an appraisal and ask them to do a cash out refi or do I have to own the property for a certain amount of tie to do so?

But I woke up, and decided that I never wanted to be a "suit and tie guy" (DRI) again.For me, investing is investing.

Tie the hardware at each end of the string.

Rehabbing takes time and ties up money.You do NOT plan on living in this property as your "dream home" so don't become personally attached to it.

Bandits signs make you stronger mentally because you are doing something that helps you get out of your comfort zone.

Lots of ways to have your cash tied up for extended period of time relating to TLCs.Have you talked with the property owner?

Used to be that in these deals (tax sales) that most investors were looking for the amount of interest that they could recieve for their "bids".Most were redeemed by the owner within the reclaimation period and therefore the interest amount was the most important factor to them as they were not counting on owning the property outright.But as more and more of a percentage of their monetary bids were remaining tied up in the lands they ended up actually purchasing the investment strategies have changed.Anything that you can pick up for less than half of the land value (no improvement value included) is always a great deal.

Tied to unemployment figures.

Tell them you're thinking of doing it, so you don't get tied i until you're sure you can, in your situation.

Yep, you're right Eddie, it's more important to criticize Glenn Beck than to examine the communist ties of key members of the administration!