Conventional lenders do not like quick flips where someone is taking out a large chunk of money.John Corey

I know some in PA are concerned given the 2% tax there.Legally there is a very large difference between a quit claim deed and other deeds.

They asked me for what level of person would qualify using an A to F scale with associated credit scores.

Some markets were largely flat for the whole period others were claiming it was a bull market.Local knowledge (even if aquired over the net) matters.

I believe the window of opportunity has largely closed in Panama- but DR still has some steam left in it (18 to 36 months).

It will not appreciation unless the NOI goes up or investors are willing to accept a lower yield (CAP rate, largely tied into the prevailing returns from other investment classes or interest rates).How do you get a 12% return from the property?

A few have closed and others are scaling back.

;-)A few ways:Sell a $600K house per day as a super agent.Rehab/Flip 4 houses per week at $20K profit.Own and run a mid-sized medical practice.Own and run a large landscape maintenance company.Consistently bat .300 in the big leagues.

You also could be taking on very large legal liability while saving pennies.If you are using UK thinking in the US you are more likely to get burned.

At least I have not written any large checks on that one.By the way, it is an estate sale also.