I mean ever.Yes or no, not maybes.The letter of intent basically says,Name of owners, property name, today's date, name of prospective purchaser, name of purchaser's company, intention to purchase on these terms as a principal.Purchase priceif lease with option, market rent, 12 month term with extensions, exercise price, etc.If subject to, purchase price, date of possession, date first payment, date of walk through, etc.If wraparound mortgage AITD, purchase price, note payment, interest rate, etc.

But, I have a lot of rehabbing experience and I am extremely selective about what I buy. 8)

The Company is Land Title Guaranty Company in Colorado.I am able to select an area by zip, or drawing a polygon on a map.

The current building was inhabited till Oct 9/07 but is in need of extensive renovations.

I think I have it licked now as we are doing extensive modifications to the plans so hopefully we can resubmit in a couple of weeks.

I had 800k in a BLC to spend, and only I did all the work, which got quite extensive.

I would also call the lender and ask for an extension and let them know the loan is being reinstated.What state is the property in?

It varies a lot based on the county and the interest rates.The only want to tell is to select some counties that sell TLCs.

So far the problem has not been with the agency (ie Asset Manager), it has been with the Realtor they have selected to represent them.

good plan though.I can get a 10 unit efficiency apt complex for 135k but the work needed is so extensive Id be there a year.I honestly yhink the sgort sales here are what REAL people are buying,not investors.