I had a house close last June that I couldn't find any comps to support the value and felt sure that it would never appraised- rehabbed with all the bells and whistles- Well the appraiser went outside of the neighborhood even compared the house to other houses that weren't even similar and came up with the value and the house closed.The appraiser probably went for houses in similar condition to the tricked out house and probably didn't put the 230 house as a comp, it wasn't sold at the time so no way for them to say what it would sell for and they would have had to make too much of an adjustment if they used that comp.The thing is once you have a high value in the neighborhood then all other rehabs following that one now automatically have a comp even if the rehab was not as great as the original house.

Hopefully I can get some sleep before so cause this Night shift isn't very forgiving.Rudy

I suggest you mention that you'll extend a loan for good cause but don't let them think that they get an automatic extension by just asking as that kills the incentive to get things done.Good luck:)

Puffing is a term used to present an area in a light that is better than actual reality.If you use these 3 metrics against turn key companies you will automatically eliminate about 90% of them without getting into other metrics to analyze.DO NOT get sucked in with amazing returns that are stated.

Mind shifts for this place looks good to " What else is wrong with it?".

In a sub S for example, the gains will create profits for the corp and then automatically pass through to you as income whether you are actually paid the cash out or not."

Real estate markets can shift and change very quickly and what is a good strategy in one market day might not be a good strategy a year from now.

,To make the @ work, do the following:Hold down the shift key and type @?

@Rhoan Scarlett,To make the @ work, do the following:Hold down the shift key and type @?

How are they shifting?