I would think that with your primary, you would be more concerned with building equity quickly, but then again, that may just be my personal preference.

So find out if the problem was caused by a roof leak, or a pipe burst, or a cracked foundation, or...Also if there is black mold (Strachybotrys) then I would pass NO MATTER HOW MUCH black mold there is.

Things was a boom all around Adamstown my last time up and like here seemingly for no good cause.

Hi there,

I'm just doing a little survey. I want to know what people(both experienced and beginner investors) see as the biggest obstacle or problem faced by people starting out as creative RE investors. It's for a...

The problem is, when the improvement monies are wrapped in the new mortgage the transaction thats higher (sales price boosted to include closing costs) causes me to borrow and improve more than the original offer would have been originally without agreement to include closing costs.

I guess my main concern is finding real legit information.

Does anyone know what are some concerns that I should take into consideration before making an offer on a property that has been, according to the agent, vacant for many years?

The main concern that lenders have is that the property will again end up in default.

I've spoken to three people I have met through this site that have been "back-doored" by some people and one of the newbies I met from here, caused me to be cut out of my own deal because of inexperience, lack of knowledge, and their inability to say so.

ROI without appreciation: -24.11%Cash on cash: -8.20%I know Zillow.com is not an accurate barometer, but it has the property valued at ~$160,000, and comps put it in the $150K range on a per square foot basis.This seems like a good deal to me because of the discounted purchase price, but the negative numbers in the analysis concern me very much.Advice, thoughts, concerns???