Then a wholesaler will resell the property to an investor for a profit (generally the profit is relatively small).

His initial goal is to replace his income plus enough to afford his own health insurance.

Of course, if they can get them cheaper, I'm happy to let them, but this isn't generally the case.For the labor bid, I create a Statement of Work (SOW) that details exactly what I want done, broken down into categories that relate to specific skilled trades (GC, Plumber, Electrician, Painter, Roofer, Carpenter, Flooring, Foundation, etc).

A BP member and I are considering a relatively small apartment complex in the southeast Michigan area.

I am also interested in a Short Sale strategy of REI and would love to pick your brain as I am relatively new to the game.

RealtyTrac tracked foreclosure-related filings on 2.3 million U.S. properties in 2008, an 87 percent jump from the year before, with 861,664 homes making it through the entire process to become REOs.The Mortgage Bankers Association's surveys of members suggest one out of 10 mortgages was either delinquent or in the foreclosure process at the end of September, and Moody's Economy.com estimates 12 million homeowners are "upside down" -- they owe more on their homes than their properties would fetch in today's market.RealtyTrac senior vice president Rick Sharga told attendees at the Inman News Real Estate Connect conference in New York City this month that an analysis of 500,000 distressed properties in four states in the company's database found only about one in four were listed for sale in a multiple listing service, or MLS.That suggests that as many as 75 percent of distressed properties have yet to hit the market, Sharga said, and that many of those homes will soon be putting pressure on inventory and prices as banks repossess them and put them up for sale. . . .

They're a value the county uses for tax purposes and may or may not have any relation to the actual value.Using the loan proceeds to pay back the loan is a bad idea.

I thought the texas markets were relatively stable. that's unfortunate

I spent a lot of summers in istria(the peninsula in west of the country,to the border with the slovenia) and in my opinion there are a lot a beatiful places,especially on the west coast(few examples are litle and relatively peaceful cities like porec,rovign or novigrad), wich have a big potential for every kind of business or just for build the house of your dreams by the sea,but until now foreign investitors were not allowed to buy these proprieties unless they were a company owners.finally, today the croatian government opened the door to everyone who want to buy a house, a app. or a lot in this beatiful country. personally i think this is a great opportunity for everyone interested in making a smart investiment!!!

We have to first get a dwelling permit, which requires an inspection by the health dept nazi's, then we have a yearly inspection after that for the cost of $84.