There is some difference in deficiency though but that would be for the Sellers representative to try to negotiate out with the lien holders.

M Ness as Jerry K. said there are other ways you can invest $20K.

Rob K - I see what your saying, but unfortunately its not an option.

It wouldn't be the standard classical look of a six panel door, but i would for sure dress them up.Rob K - you made my point with the cost being so low, that's why I struggle with it.

But what’s the risk Rob K?

I agree with Theresa k.

We used an FHA 203 (k) loan and will live on one side for a year.

If the split is 50/50 that's 12.5 k to the office so you are worth training.How do you think they pay the trainers?

Asking $60,000, i estimated $100 k in after repairs, and numbers still give me a 30% cap rate.

Originally posted by Kurt K.