It is quite exciting how hot the market is here now, very different from the past four years.

It's a hot market and tough I think.  

In a hot market or a hot property, what the seller is saying is that they're only interested in investors or serious buyers that already have the funds in the bank.

There's no formal classification, it's a subjective measure.A - new construction, lots of amenities (nice pool, gym, garages, business center, etc.).  

Not too hot (aggressive), not too cold (forever), it's just right!

You need to look at your split and dissect your numbers for the income you want.In your market you need to see what is the hot property everyone wants as an investor.

But purely looking at what you put, not being experienced in flipping, I would make the offer subject to interior inspection (7day) inspection period, 15-30 day close.

However R/E transactions in the Philippines was always done personally because upon purchase they are subject to consumption tax of 12% if purchased by a corporation (which is stupid).Not sure how valuable this information is to you because I've since wound down the HK company.

It's gotten so hot around here.

There seems to be a lot of action along the I-35 corridor, I know Austin is extremely hot, and Dallas good, hoping some of that spills out to the smaller towns.